...PIECE OF CAKE AS: årsregnskap 2024 vs 2023
Shrank 101% on revenue, slipped into loss, cash halved-plus
approved 2025-06-30; registry 2025-08-02; journal 2025 731846
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ...PIECE OF CAKE AS. Revenue 6.77m NOK → -96.7k NOK (-101.4%). Net result +151.2k NOK → -1.32m NOK. Equity 203.3k NOK → -1.12m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell; 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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↑
Payroll decreased
Salary cost 2.99m NOK → 1.54m NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.77m NOK to -96.7k NOK (-101.4% YoY). Calculated
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↓
Operating result weakened
Operating result +201.6k NOK → -1.29m NOK (op. margin 3.0% → 1335.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 151.2k NOK profit to a loss of 1.32m NOK. Calculated
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↓
Equity eroded
Book equity 203.3k NOK → -1.12m NOK (equity ratio 12.3% → -459.6%). Calculated
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↓
Cash fell
Bank deposits 14.6k NOK → 447 NOK (-96.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -459.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.80m NOK → 6 478 NOK (-99.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 27 → 16. Reported fact