A BITE OF NORWAY AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, weaker earnings
registry 2024-08-24; journal 2024 735962
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A BITE OF NORWAY AS. Revenue 403 NOK → 0 NOK (-100.0%). Net result -59.3k NOK → -185.9k NOK. Equity -247.3k NOK → -433.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A BITE OF NORWAY AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 476 NOK → 488.5k NOK (+102521.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 403 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -53.1k NOK → -208.2k NOK. Calculated
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↓
Net result weakened
Net result -59.3k NOK → -185.9k NOK. Calculated
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↓
Equity eroded
Book equity -247.3k NOK → -433.2k NOK (equity ratio -131.2% → -224.2%). Calculated
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↓
COGS moved
COGS / varekostnad -10.2k NOK → 0 NOK (+100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -224.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation