5C EIENDOM AS: årsregnskap 2023 vs 2022
Grew 9% on revenue, weaker earnings
approved 2024-05-30; registry 2024-06-01; journal 2024 468060
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 5C EIENDOM AS. Revenue 1.70m NOK → 1.86m NOK (+9.3%). Net result +450.9k NOK → +81.7k NOK. Equity 2.77m NOK → 2.85m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 5C EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.70m NOK to 1.86m NOK (+9.3% YoY). Calculated
-
↑
Operating result improved
Operating result +838.9k NOK → +898.5k NOK (op. margin 49.3% → 48.3%). Calculated
-
↑
Equity strengthened
Book equity 2.77m NOK → 2.85m NOK (equity ratio 29.9% → 31.6%). Calculated
-
↑
Cash rose
Bank deposits 806.0k NOK → 954.3k NOK (+18.4% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +450.9k NOK → +81.7k NOK (net margin 26.5% → 4.4%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2 NOK → 42.7k NOK (0% → 2% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 548.0k NOK → 528.4k NOK (-3.6% YoY). Calculated