FLYT REGNSKAP AS: årsregnskap 2023 vs 2022
Grew 255% on revenue, weaker earnings, cash halved-plus
approved 2024-01-11; registry 2024-01-15; journal 2024 301008
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for FLYT REGNSKAP AS. Revenue 462.5k NOK → 1.64m NOK (+255.5%). Net result +3.12m NOK → +163.8k NOK. Equity 3.10m NOK → 167.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for FLYT REGNSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 462.5k NOK to 1.64m NOK (+255.5% YoY). Calculated
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↑
Operating result improved
Operating result +151.2k NOK → +212.1k NOK (op. margin 32.7% → 12.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +3.12m NOK → +163.8k NOK (net margin 673.8% → 10.0%). Calculated
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↓
Equity eroded
Book equity 3.10m NOK → 167.3k NOK (equity ratio 576.7% → 25.1%). Calculated
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↓
Cash fell
Bank deposits 335.79m NOK → 417.7k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (335.79m NOK → 417.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 1.06m NOK → 1.17m NOK (228% → 71% of revenue). Calculated