RELYNK AS: årsregnskap 2023 vs 2022
Grew 81% on revenue, weaker earnings
approved 2024-05-21; registry 2024-05-23; journal 2024 431665
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for RELYNK AS. Revenue 355.0k NOK → 642.0k NOK (+80.9%). Net result -559.5k NOK → -1.23m NOK. Equity -535.1k NOK → -1.77m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for RELYNK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 355.0k NOK to 642.0k NOK (+80.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -551.4k NOK → -1.32m NOK (op. margin -155.3% → -206.3%). Calculated
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↓
Net result weakened
Net result -559.5k NOK → -1.23m NOK (net margin -157.6% → -192.0%). Calculated
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↓
Equity eroded
Book equity -535.1k NOK → -1.77m NOK (equity ratio -70.3% → -182.1%). Calculated
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↓
Cash fell
Bank deposits 500.1k NOK → 482.4k NOK (-3.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -182.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 251 NOK → 1.25m NOK (1% → 195% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 186.2k NOK (None YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 5. Reported fact