A BRAND AS: årsregnskap 2023 vs 2022
Grew 13% on revenue, stronger earnings
approved 2024-06-12; registry 2024-06-15; journal 2024 509949
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A BRAND AS. Revenue 1.36m NOK → 1.54m NOK (+12.5%). Net result +30.2k NOK → +263.7k NOK. Equity 137.9k NOK → 401.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A BRAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.36m NOK to 1.54m NOK (+12.5% YoY). Calculated
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Operating result improved
Operating result +59.9k NOK → +398.0k NOK (op. margin 4.4% → 25.9%). Calculated
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Net result improved
Net result +30.2k NOK → +263.7k NOK (net margin 2.2% → 17.2%). Calculated
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Equity strengthened
Book equity 137.9k NOK → 401.6k NOK (equity ratio 16.6% → 67.0%). Calculated
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Payroll decreased
Salary cost 824.3k NOK → 615.5k NOK (60% → 40% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 199.0k NOK → 162.7k NOK (-18.2% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 47.5k NOK → 19.9k NOK (-58.2% YoY). Calculated