FirmaIQ
Org.nr 925 857 378 2022 → 2023 Year-over-year analysis

A. GRØVDAL SMÅMASKINER AS: årsregnskap 2023 vs 2022

Grew 25% on revenue, stronger earnings

approved 2024-05-20; registry 2024-05-22; journal 2024 426573

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A. GRØVDAL SMÅMASKINER AS. Revenue 604.1k NOK → 756.3k NOK (+25.2%). Net result +33.7k NOK → +78.6k NOK. Equity 101.0k NOK → 179.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. GRØVDAL SMÅMASKINER AS.

At a glance

Scorecard

Revenue
604.1k NOK 756.3k NOK
+25.2%
Operating result
+50.1k NOK +107.2k NOK
+113.8%
Net result
+33.7k NOK +78.6k NOK
+133.0%
Equity
101.0k NOK 179.6k NOK
+77.8%
Cash
5 895 NOK 18.1k NOK
+206.7%
Total assets
373.6k NOK 373.2k NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 604.1k NOK to 756.3k NOK (+25.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +50.1k NOK → +107.2k NOK (op. margin 8.3% → 14.2%). Calculated

  • ↑

    Net result improved

    Net result +33.7k NOK → +78.6k NOK (net margin 5.6% → 10.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 101.0k NOK → 179.6k NOK (equity ratio 27.0% → 48.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 895 NOK → 18.1k NOK (+206.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 462.8k NOK → 520.4k NOK (+12.4% YoY). Calculated