A-GLASS AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-02-14; registry 2024-04-22; journal 2024 367091
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A-GLASS AS. Revenue 1.90m NOK → 1.88m NOK (-1.3%). Net result +101.4k NOK → +48.1k NOK. Equity 572.0k NOK → 620.1k NOK.
On the constructive side: equity strengthened; cash rose. 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-GLASS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 572.0k NOK → 620.1k NOK (equity ratio 63.4% → 64.7%). Calculated
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↑
Cash rose
Bank deposits 620.2k NOK → 665.5k NOK (+7.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.90m NOK to 1.88m NOK (-1.3% YoY). Calculated
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↓
Operating result weakened
Operating result +125.8k NOK → +61.6k NOK (op. margin 6.6% → 3.3%). Calculated
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↓
Net result weakened
Net result +101.4k NOK → +48.1k NOK (net margin 5.3% → 2.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.28m NOK → 1.35m NOK (68% → 72% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 195.6k NOK → 126.3k NOK (-35.4% YoY). Calculated