2 HJUL SERVICE AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-06-17; registry 2024-06-29; journal 2024 565003
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2 HJUL SERVICE AS. Revenue 1.22m NOK → 1.19m NOK (-2.8%). Net result +147.4k NOK → +58.6k NOK. Equity -74.1k NOK → -15.5k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 HJUL SERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -74.1k NOK → -15.5k NOK (equity ratio -26.8% → -3.6%). Calculated
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↑
Cash rose
Bank deposits 32.2k NOK → 113.0k NOK (+250.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.22m NOK to 1.19m NOK (-2.8% YoY). Calculated
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↓
Operating result weakened
Operating result +145.3k NOK → +57.6k NOK (op. margin 11.9% → 4.9%). Calculated
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↓
Net result weakened
Net result +147.4k NOK → +58.6k NOK (net margin 12.1% → 4.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 134.4k NOK → 196.5k NOK (11% → 17% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 680.7k NOK → 644.1k NOK (-5.4% YoY). Calculated