4SUBSEA ASTORI AS: årsregnskap 2023 vs 2022
Shrank 17% on revenue, weaker earnings
approved 2024-06-21; registry 2024-07-30; journal 2024 605630
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4SUBSEA ASTORI AS. Revenue 20.82m NOK → 17.25m NOK (-17.2%). Net result +2.21m NOK → +1.24m NOK. Equity 13.13m NOK → 14.37m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4SUBSEA ASTORI AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 13.13m NOK → 14.37m NOK (equity ratio 70.3% → 77.6%). Calculated
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↑
Payroll decreased
Salary cost 10.13m NOK → 8.93m NOK (49% → 52% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.82m NOK to 17.25m NOK (-17.2% YoY). Calculated
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↓
Operating result weakened
Operating result +2.79m NOK → +1.57m NOK (op. margin 13.4% → 9.1%). Calculated
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↓
Net result weakened
Net result +2.21m NOK → +1.24m NOK (net margin 10.6% → 7.2%). Calculated
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↓
Cash fell
Bank deposits 9.84m NOK → 8.58m NOK (-12.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.93m NOK → 3.80m NOK (-23.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5 818 NOK → 1.64m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 8 → 6. Reported fact