ADVISORS MOE AS: årsregnskap 2023 vs 2022
Shrank 84% on revenue, slipped into loss
approved 2024-03-18; registry 2024-03-23; journal 2024 336581
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVISORS MOE AS. Revenue 2.75m NOK → 428.5k NOK (-84.4%). Net result +452.9k NOK → -70.8k NOK. Equity 6.53m NOK → 456.1k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISORS MOE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 287.7k NOK → 497.7k NOK (+73.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.75m NOK to 428.5k NOK (-84.4% YoY). Calculated
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↓
Operating result weakened
Operating result +583.6k NOK → -70.8k NOK (op. margin 21.2% → -16.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 452.9k NOK profit to a loss of 70.8k NOK. Calculated
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↓
Equity eroded
Book equity 6.53m NOK → 456.1k NOK (equity ratio 504.7% → 90.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 0 NOK → 3.44m NOK (0% → 802% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5 590 NOK → 0 NOK. Reported fact