5 STARS VVS SERVICE AS: årsregnskap 2023 vs 2022
Grew 11% on revenue, stronger earnings
approved 2024-04-16; registry 2024-04-18; journal 2024 364077
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 5 STARS VVS SERVICE AS. Revenue 503.5k NOK → 559.0k NOK (+11.0%). Net result +17.4k NOK → +41.2k NOK. Equity 74.1k NOK → 115.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5 STARS VVS SERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 503.5k NOK to 559.0k NOK (+11.0% YoY). Calculated
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Operating result improved
Operating result +22.3k NOK → +52.9k NOK (op. margin 4.4% → 9.5%). Calculated
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Net result improved
Net result +17.4k NOK → +41.2k NOK (net margin 3.4% → 7.4%). Calculated
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Equity strengthened
Book equity 74.1k NOK → 115.3k NOK (equity ratio 32.2% → 67.4%). Calculated
What deteriorated
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Cash fell
Bank deposits 216.2k NOK → 161.4k NOK (-25.3% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 164.2k NOK → 238.5k NOK (+45.3% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact