Org.nr 927 668 734 2022 → 2023 Year-over-year analysis

BREYTA AS: årsregnskap 2023 vs 2022

Grew 510% on revenue, weaker earnings

approved 2024-05-31; registry 2024-06-19; journal 2024 494417

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for BREYTA AS. Revenue 75.3k NOK → 459.3k NOK (+509.9%). Net result -12.30m NOK → -15.77m NOK. Equity -12.56m NOK → -11.45m NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for BREYTA AS.

Scorecard

Revenue
75.3k NOK 459.3k NOK
+509.9%
Operating result
-12.50m NOK -16.89m NOK
-35.1%
Net result
-12.30m NOK -15.77m NOK
-28.2%
Equity
-12.56m NOK -11.45m NOK
+8.8%
Cash
49.01m NOK 35.34m NOK
-27.9%
Total assets
51.60m NOK 37.80m NOK
-26.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 75.3k NOK to 459.3k NOK (+509.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -12.56m NOK → -11.45m NOK (equity ratio -24.3% → -30.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.50m NOK → -16.89m NOK (op. margin -16594.4% → -3676.9%). Calculated

  • ↓

    Net result weakened

    Net result -12.30m NOK → -15.77m NOK (net margin -16333.3% → -3432.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 49.01m NOK → 35.34m NOK (-27.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -30.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 630.0k NOK → 17.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 10.5. Reported fact