A H E HANDEL AS: årsregnskap 2023 vs 2022
Returned to profit, cash halved-plus
approved 2024-06-24; registry 2024-07-17; journal 2024 553865
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A H E HANDEL AS. Revenue 187.0k NOK → 180.0k NOK (-3.7%). Net result -116.1k NOK → +761.1k NOK. Equity -769.4k NOK → 523.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A H E HANDEL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -927.1k NOK → -408.6k NOK (op. margin -495.8% → -227.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 116.1k NOK to a profit of 761.1k NOK. Calculated
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↑
Equity strengthened
Book equity -769.4k NOK → 523.7k NOK (equity ratio -69.5% → 56.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 187.0k NOK to 180.0k NOK (-3.7% YoY). Calculated
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↓
Cash fell
Bank deposits 128.7k NOK → 10.0k NOK (-92.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost -13.3k NOK → 55.7k NOK (-7% → 31% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 231.9k NOK → 128.0k NOK (-44.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 101.0k NOK → 97.5k NOK. Reported fact