FirmaIQ
Org.nr 919 580 526 2022 → 2023 Year-over-year analysis

A AUTOPARK AS: årsregnskap 2023 vs 2022

Shrank 10% on revenue, weaker earnings

registry 2024-03-18; journal 2024 330103

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A AUTOPARK AS. Revenue 56.11m NOK → 50.74m NOK (-9.6%). Net result +3.53m NOK → +2.33m NOK. Equity 82.1k NOK → 30.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A AUTOPARK AS.

At a glance

Scorecard

Revenue
56.11m NOK 50.74m NOK
-9.6%
Operating result
+4.65m NOK +3.07m NOK
-34.0%
Net result
+3.53m NOK +2.33m NOK
-33.9%
Equity
82.1k NOK 30.0k NOK
-63.5%
Cash
4.62m NOK 3.22m NOK
-30.3%
Total assets
10.01m NOK 8.54m NOK
-14.6%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.40m NOK → 4.25m NOK (8% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 56.11m NOK to 50.74m NOK (-9.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.65m NOK → +3.07m NOK (op. margin 8.3% → 6.1%). Calculated

  • ↓

    Net result weakened

    Net result +3.53m NOK → +2.33m NOK (net margin 6.3% → 4.6%). Calculated

  • ↓

    Equity eroded

    Book equity 82.1k NOK → 30.0k NOK (equity ratio 0.8% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.62m NOK → 3.22m NOK (-30.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 44.52m NOK → 40.59m NOK (-8.8% YoY). Calculated