Org.nr 982 769 221 2022 → 2023 Year-over-year analysis

STRONGPOINT ASA: årsregnskap 2023 vs 2022

Grew 16% on revenue, returned to profit

approved 2024-04-25; registry 2024-05-28; journal 2024 383682

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for STRONGPOINT ASA. Revenue 14.98m NOK → 17.39m NOK (+16.1%). Net result -2.06m NOK → +7.14m NOK. Equity 391.52m NOK → 407.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for STRONGPOINT ASA.

Scorecard

Revenue
14.98m NOK 17.39m NOK
+16.1%
Operating result
-30.08m NOK -16.07m NOK
+46.6%
Net result
-2.06m NOK +7.14m NOK
+446.8%
Equity
391.52m NOK 407.5k NOK
-99.9%
Cash
21.3k NOK 39.34m NOK
+184274.6%
Total assets
601.6k NOK 655.4k NOK
+8.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.98m NOK to 17.39m NOK (+16.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -30.08m NOK → -16.07m NOK (op. margin -200.7% → -92.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.06m NOK to a profit of 7.14m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 21.3k NOK → 39.34m NOK (+184274.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.35× → 327.89×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 391.52m NOK → 407.5k NOK (equity ratio 65075.1% → 62.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 23.76m NOK → 26.54m NOK (159% → 153% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 12.85m NOK → 12.81m NOK (-0.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 525.8k NOK → 569.5k NOK. Reported fact