2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS: årsregnskap 2023 vs 2022
Grew 83% on revenue, weaker earnings
registry 2024-11-11; journal 2024 755527
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS. Revenue 34.40m NOK → 62.88m NOK (+82.8%). Net result +2.17m NOK → +775.0k NOK. Equity 7.14m NOK → 7.91m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2-HAND INTERNATIONAL MACHINERY AND PRODUCTION EQUIPMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 34.40m NOK to 62.88m NOK (+82.8% YoY). Calculated
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↑
Equity strengthened
Book equity 7.14m NOK → 7.91m NOK (equity ratio 55.9% → 55.2%). Calculated
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↑
Cash rose
Bank deposits 1.56m NOK → 2.51m NOK (+60.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 651.9k NOK → 2 904 NOK (2% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +2.64m NOK → +1.31m NOK (op. margin 7.7% → 2.1%). Calculated
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↓
Net result weakened
Net result +2.17m NOK → +775.0k NOK (net margin 6.3% → 1.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 30.30m NOK → 59.68m NOK (+96.9% YoY). Calculated