Org.nr 897 414 562 2022 → 2023 Year-over-year analysis

2H ELEKTRO AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-05-28; registry 2024-06-29; journal 2024 564189

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2H ELEKTRO AS. Revenue 2.50m NOK → 2.60m NOK (+3.9%). Net result +15.2k NOK → +85.8k NOK. Equity 305.3k NOK → 391.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2H ELEKTRO AS.

Scorecard

Revenue
2.50m NOK 2.60m NOK
+3.9%
Operating result
+20.7k NOK +110.5k NOK
+433.9%
Net result
+15.2k NOK +85.8k NOK
+465.8%
Equity
305.3k NOK 391.1k NOK
+28.1%
Cash
480.5k NOK 803.9k NOK
+67.3%
Total assets
720.7k NOK 959.2k NOK
+33.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.50m NOK to 2.60m NOK (+3.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +20.7k NOK → +110.5k NOK (op. margin 0.8% → 4.3%). Calculated

  • ↑

    Net result improved

    Net result +15.2k NOK → +85.8k NOK (net margin 0.6% → 3.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 305.3k NOK → 391.1k NOK (equity ratio 42.4% → 40.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 480.5k NOK → 803.9k NOK (+67.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 995.9k NOK → 19.7k NOK (-98.0% YoY). Calculated