A FINSTAD CAD AS: årsregnskap 2023 vs 2022
Grew 7% on revenue, weaker earnings
approved 2024-05-15; registry 2024-07-10; journal 2024 626838
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A FINSTAD CAD AS. Revenue 1.08m NOK → 1.16m NOK (+6.7%). Net result +64.8k NOK → +49.6k NOK. Equity 46.3k NOK → 95.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A FINSTAD CAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.08m NOK to 1.16m NOK (+6.7% YoY). Calculated
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↑
Equity strengthened
Book equity 46.3k NOK → 95.8k NOK (equity ratio 9.2% → 18.2%). Calculated
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↑
Cash rose
Bank deposits 159.8k NOK → 197.4k NOK (+23.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +83.2k NOK → +63.5k NOK (op. margin 7.7% → 5.5%). Calculated
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↓
Net result weakened
Net result +64.8k NOK → +49.6k NOK (net margin 6.0% → 4.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 789.8k NOK → 881.8k NOK (73% → 76% of revenue). Calculated