FirmaIQ
Org.nr 989 890 832 2022 → 2023 Year-over-year analysis

99X SOLUTIONS AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-06-27; registry 2024-07-04; journal 2024 575765

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 99X SOLUTIONS AS. Revenue 52.83m NOK → 54.60m NOK (+3.4%). Net result +6.06m NOK → +4.92m NOK. Equity 15.82m NOK → 20.74m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.

At a glance

Scorecard

Revenue
52.83m NOK 54.60m NOK
+3.4%
Operating result
+7.82m NOK +6.23m NOK
-20.3%
Net result
+6.06m NOK +4.92m NOK
-18.9%
Equity
15.82m NOK 20.74m NOK
+31.1%
Cash
18.22m NOK 8.17m NOK
-55.2%
Total assets
28.68m NOK 31.86m NOK
+11.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 52.83m NOK to 54.60m NOK (+3.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 15.82m NOK → 20.74m NOK (equity ratio 55.2% → 65.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +7.82m NOK → +6.23m NOK (op. margin 14.8% → 11.4%). Calculated

  • ↓

    Net result weakened

    Net result +6.06m NOK → +4.92m NOK (net margin 11.5% → 9.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 18.22m NOK → 8.17m NOK (-55.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 16.03m NOK → 18.34m NOK (30% → 34% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 21.74m NOK → 18.60m NOK (-14.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 11 → 14. Reported fact