A-Å ELEKTRO AS: årsregnskap 2023 vs 2022
Shrank 19% on revenue, weaker earnings
registry 2024-01-17; journal 2024 301149
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A-Å ELEKTRO AS. Revenue 6.17m NOK → 5.01m NOK (-18.8%). Net result +701.3k NOK → +21.0k NOK. Equity 2.34m NOK → 2.36m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A-Å ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.34m NOK → 2.36m NOK (equity ratio 79.4% → 81.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.17m NOK to 5.01m NOK (-18.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +897.8k NOK → +23.2k NOK (op. margin 14.5% → 0.5%). Calculated
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↓
Net result weakened
Net result +701.3k NOK → +21.0k NOK (net margin 11.4% → 0.4%). Calculated
-
↓
Cash fell
Bank deposits 74.6k NOK → 58.1k NOK (-22.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.12m NOK → 2.32m NOK (34% → 46% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.13m NOK → 1.67m NOK (-21.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.01m NOK → 4 NOK. Reported fact