A&F ELEKTRO AS: årsregnskap 2023 vs 2022
Shrank 18% on revenue, weaker earnings
registry 2024-07-13; journal 2024 635359
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&F ELEKTRO AS. Revenue 638.2k NOK → 525.1k NOK (-17.7%). Net result +97.1k NOK → +72.6k NOK. Equity 7.17m NOK → 241.6k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&F ELEKTRO AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 131.2k NOK → 413.1k NOK (+214.9% YoY). Calculated
-
↑
Payroll decreased
Salary cost 2.24m NOK → 2.14m NOK (351% → 408% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 638.2k NOK to 525.1k NOK (-17.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +124.7k NOK → +95.8k NOK (op. margin 19.5% → 18.2%). Calculated
-
↓
Net result weakened
Net result +97.1k NOK → +72.6k NOK (net margin 15.2% → 13.8%). Calculated
-
↓
Equity eroded
Book equity 7.17m NOK → 241.6k NOK (equity ratio 2747.5% → 55.7%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 125.4k NOK → 26.7k NOK (-78.7% YoY). Calculated