Org.nr 920 223 680 2022 → 2023 Year-over-year analysis

MGINVEST AS: årsregnskap 2023 vs 2022

Shrank 90% on revenue, returned to profit

approved 2024-04-16; registry 2024-05-23; journal 2024 430293

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for MGINVEST AS. Revenue 234.3k NOK → 23.3k NOK (-90.1%). Net result -116.2k NOK → +1.08m NOK. Equity 4.86m NOK → 5.95m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
234.3k NOK 23.3k NOK
-90.1%
Operating result
+224.5k NOK +12.7k NOK
-94.3%
Net result
-116.2k NOK +1.08m NOK
+1032.6%
Equity
4.86m NOK 5.95m NOK
+22.3%
Cash
685.9k NOK 627.0k NOK
-8.6%
Total assets
5.13m NOK 6.21m NOK
+21.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 116.2k NOK to a profit of 1.08m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.86m NOK → 5.95m NOK (equity ratio 94.7% → 95.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 234.3k NOK to 23.3k NOK (-90.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +224.5k NOK → +12.7k NOK (op. margin 95.8% → 54.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 685.9k NOK → 627.0k NOK (-8.6% YoY). Calculated