A+G DESIGN AS: årsregnskap 2023 vs 2022
Grew 10% on revenue, weaker earnings
registry 2024-05-13; journal 2024 408491
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A+G DESIGN AS. Revenue 40.0k NOK → 43.9k NOK (+9.6%). Net result -2 641 NOK → -22.2k NOK. Equity -261.3k NOK → -283.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for A+G DESIGN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 40.0k NOK to 43.9k NOK (+9.6% YoY). Calculated
-
↑
Cash rose
Bank deposits 22.9k NOK → 27.0k NOK (+18.1% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -2 534 NOK → -21.1k NOK (op. margin -6.3% → -48.0%). Calculated
-
↓
Net result weakened
Net result -2 641 NOK → -22.2k NOK (net margin -6.6% → -50.6%). Calculated
-
↓
Equity eroded
Book equity -261.3k NOK → -283.4k NOK (equity ratio -745.0% → -550.1%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 8 448 NOK → 14.2k NOK (+68.2% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact