FirmaIQ
Org.nr 920 749 437 2022 → 2023 Year-over-year analysis

HFC CAPITAL AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-05-31; registry 2024-07-11; journal 2024 630982

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for HFC CAPITAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2.22m NOK → +29.3k NOK. Equity 737.6k NOK → 2.77m NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for HFC CAPITAL AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
0 NOK -54 NOK
—
Net result
+2.22m NOK +29.3k NOK
-98.7%
Equity
737.6k NOK 2.77m NOK
+275.1%
Cash
1.40m NOK 26.4k NOK
-98.1%
Total assets
2.74m NOK 3.10m NOK
+13.3%

What improved

  • ↑

    Equity strengthened

    Book equity 737.6k NOK → 2.77m NOK (equity ratio 26.9% → 89.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -54 NOK. Calculated

  • ↓

    Net result weakened

    Net result +2.22m NOK → +29.3k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.40m NOK → 26.4k NOK (-98.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.40m NOK → 26.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 660.3k NOK → 259.8k NOK. Reported fact