911 TURBO AS: årsregnskap 2023 vs 2022
Slipped into loss
registry 2024-08-02; journal 2024 697865
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 911 TURBO AS. Revenue 0 NOK → 1.23m NOK. Net result 0 NOK → -100.5k NOK. Equity 30.0k NOK → -70.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 911 TURBO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.23m NOK. Calculated
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↑
Cash rose
Bank deposits 30.0k NOK → 38.8k NOK (+29.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result 0 NOK → -99.8k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 100.5k NOK. Calculated
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↓
Equity eroded
Book equity 30.0k NOK → -70.5k NOK (equity ratio 100.0% → -36.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -36.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation