...PIECE OF CAKE AS: årsregnskap 2023 vs 2022
Grew 99966% on revenue, stronger earnings, cash halved-plus
approved 2024-06-05; registry 2024-06-06; journal 2024 490608
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ...PIECE OF CAKE AS. Revenue 6 764 NOK → 6.77m NOK (+99966.1%). Net result +65.7k NOK → +151.2k NOK. Equity 52.1k NOK → 203.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ...PIECE OF CAKE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 764 NOK to 6.77m NOK (+99966.1% YoY). Calculated
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↑
Operating result improved
Operating result +68.7k NOK → +201.6k NOK (op. margin 1016.2% → 3.0%). Calculated
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↑
Net result improved
Net result +65.7k NOK → +151.2k NOK (net margin 971.3% → 2.2%). Calculated
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↑
Equity strengthened
Book equity 52.1k NOK → 203.3k NOK (equity ratio 3.0% → 12.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.79× → 1.09×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 121.8k NOK → 14.6k NOK (-88.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 994 NOK → 2.99m NOK (44% → 44% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 666 NOK → 1.80m NOK (+107790.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 27. Reported fact