9900WATT AS: årsregnskap 2023 vs 2022
Grew 22% on revenue, stronger earnings
approved 2024-07-01; registry 2024-07-03; journal 2024 594097
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 9900WATT AS. Revenue 2.47m NOK → 3.01m NOK (+22.0%). Net result +23.8k NOK → +80.5k NOK. Equity 55.5k NOK → 136.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 9900WATT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.47m NOK to 3.01m NOK (+22.0% YoY). Calculated
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Operating result improved
Operating result +33.2k NOK → +92.3k NOK (op. margin 1.3% → 3.1%). Calculated
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Net result improved
Net result +23.8k NOK → +80.5k NOK (net margin 1.0% → 2.7%). Calculated
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Equity strengthened
Book equity 55.5k NOK → 136.0k NOK (equity ratio 5.8% → 48.6%). Calculated
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Payroll decreased
Salary cost 3.28m NOK → 2.35m NOK (133% → 78% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 50.6k NOK → 33.2k NOK (-34.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.37× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 1.33m NOK → 1.51m NOK (+13.4% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 1. Reported fact