A B ARCTIC AS: årsregnskap 2023 vs 2022
Shrank 7% on revenue, weaker earnings
approved 2024-06-30; registry 2024-08-02; journal 2024 700595
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A B ARCTIC AS. Revenue 5.26m NOK → 4.87m NOK (-7.4%). Net result +606.3k NOK → +202.8k NOK. Equity 106.9k NOK → 309.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A B ARCTIC AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 106.9k NOK → 309.7k NOK (equity ratio 8.6% → 17.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.26m NOK to 4.87m NOK (-7.4% YoY). Calculated
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↓
Operating result weakened
Operating result +625.9k NOK → +264.4k NOK (op. margin 11.9% → 5.4%). Calculated
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↓
Net result weakened
Net result +606.3k NOK → +202.8k NOK (net margin 11.5% → 4.2%). Calculated
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↓
Cash fell
Bank deposits 157.4k NOK → 101.5k NOK (-35.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.54m NOK → 1.68m NOK (29% → 34% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 394.2k NOK → 303.8k NOK (-22.9% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact