FOUNDERS & FOOLS MANAGEMENT AS: årsregnskap 2023 vs 2022
Shrank 70% on revenue, returned to profit
approved 2024-07-08; registry 2024-07-10; journal 2024 626636
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for FOUNDERS & FOOLS MANAGEMENT AS. Revenue 234.1k NOK → 70.0k NOK (-70.1%). Net result -39.5k NOK → +2 541 NOK. Equity 25.6k NOK → 28.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for FOUNDERS & FOOLS MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -40.7k NOK → +2 427 NOK (op. margin -17.4% → 3.5%). Calculated
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Turned profitable
Net result flipped from a loss of 39.5k NOK to a profit of 2 541 NOK. Calculated
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↑
Equity strengthened
Book equity 25.6k NOK → 28.2k NOK (equity ratio 59.0% → 53.4%). Calculated
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Cash rose
Bank deposits 2 731 NOK → 16.7k NOK (+510.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.15m NOK → 2 119 NOK (1345% → 3% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 234.1k NOK to 70.0k NOK (-70.1% YoY). Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact