A & B JERNVARE AS: årsregnskap 2023 vs 2022
Returned to profit
registry 2024-06-11; journal 2024 500503
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A & B JERNVARE AS. Revenue 3.79m NOK → 3.63m NOK (-4.4%). Net result -27.2k NOK → +73.4k NOK. Equity 2.40m NOK → 2.47m 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. All figures are taken from the published annual accounts for A & B JERNVARE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -19.2k NOK → +98.9k NOK (op. margin -0.5% → 2.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 27.2k NOK to a profit of 73.4k NOK. Calculated
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↑
Equity strengthened
Book equity 2.40m NOK → 2.47m NOK (equity ratio 70.0% → 69.1%). Calculated
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↑
Cash rose
Bank deposits 248.4k NOK → 297.8k NOK (+19.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.79m NOK to 3.63m NOK (-4.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.63m NOK → 1.68m NOK (43% → 46% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.69m NOK → 1.37m NOK (-19.0% YoY). Calculated