Org.nr 927 798 751 2021 → 2022 Year-over-year analysis

FOUNDERS & FOOLS MANAGEMENT AS: årsregnskap 2022 vs 2021

Grew 123% on revenue, slipped into loss, cash halved-plus

approved 2023-05-28; registry 2023-05-31; journal 2023 441481

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for FOUNDERS & FOOLS MANAGEMENT AS. Revenue 104.8k NOK → 234.1k NOK (+123.3%). Net result +40.7k NOK → -39.5k NOK. Equity 65.1k NOK → 25.6k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for FOUNDERS & FOOLS MANAGEMENT AS.

Scorecard

Revenue
104.8k NOK 234.1k NOK
+123.3%
Operating result
+52.1k NOK -40.7k NOK
-178.0%
Net result
+40.7k NOK -39.5k NOK
-197.0%
Equity
65.1k NOK 25.6k NOK
-60.6%
Cash
51.7k NOK 2 731 NOK
-94.7%
Total assets
98.7k NOK 43.4k NOK
-56.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 104.8k NOK to 234.1k NOK (+123.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +52.1k NOK → -40.7k NOK (op. margin 49.7% → -17.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 40.7k NOK profit to a loss of 39.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 65.1k NOK → 25.6k NOK (equity ratio 65.9% → 59.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 51.7k NOK → 2 731 NOK (-94.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.04× → 0.75× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 44.0k NOK → 3.15m NOK (42% → 1345% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact