LIFEKEYS AS: årsregnskap 2023 vs 2022
Grew 7% on revenue
approved 2024-04-09; registry 2024-07-27
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for LIFEKEYS AS. Revenue 7.55m NOK → 8.10m NOK (+7.4%). Net result -4.41m NOK → -4.76m NOK. Equity 308.8k NOK → -4.45m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for LIFEKEYS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.55m NOK to 8.10m NOK (+7.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4.20m NOK → -4.46m NOK (op. margin -55.7% → -55.1%). Calculated
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↓
Net result weakened
Net result -4.41m NOK → -4.76m NOK (net margin -58.4% → -58.8%). Calculated
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↓
Equity eroded
Book equity 308.8k NOK → -4.45m NOK (equity ratio 10.7% → -301.8%). Calculated
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↓
Cash fell
Bank deposits 486.9k NOK → 369.1k NOK (-24.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -301.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 5.16m NOK → 38.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 4.80m NOK → 5.00m NOK (64% → 62% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 5.53m NOK → 4.74m NOK (-14.2% YoY). Calculated