A&B ELEKTRO INSTALLASJON AS: årsregnskap 2023 vs 2022
Shrank 16% on revenue, returned to profit
registry 2024-05-28; journal 2024 445571
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&B ELEKTRO INSTALLASJON AS. Revenue 1.86m NOK → 1.57m NOK (-15.7%). Net result -160.6k NOK → +622.4k NOK. Equity 1.48m NOK → 2.11m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A&B ELEKTRO INSTALLASJON AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -108.5k NOK → +546.4k NOK (op. margin -5.8% → 34.8%). Calculated
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Turned profitable
Net result flipped from a loss of 160.6k NOK to a profit of 622.4k NOK. Calculated
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Equity strengthened
Book equity 1.48m NOK → 2.11m NOK (equity ratio 68.5% → 88.4%). Calculated
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Cash rose
Bank deposits 1.53m NOK → 1.63m NOK (+6.5% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.86m NOK to 1.57m NOK (-15.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 3 NOK → 2.98m NOK (0% → 190% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1 395 NOK → -12.4k NOK (-988.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 1.3. Reported fact