Org.nr 917 067 406 2022 → 2023 Year-over-year analysis

A J VAGLE AS: årsregnskap 2023 vs 2022

Shrank 10% on revenue, weaker earnings

approved 2024-06-05; registry 2024-07-20; journal 2024 659280

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A J VAGLE AS. Revenue 664.5k NOK → 600.0k NOK (-9.7%). Net result +5.15m NOK → +55.4k NOK. Equity 149.4k NOK → 204.8k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
664.5k NOK 600.0k NOK
-9.7%
Operating result
+196.3k NOK +71.9k NOK
-63.3%
Net result
+5.15m NOK +55.4k NOK
-98.9%
Equity
149.4k NOK 204.8k NOK
+37.1%
Cash
56.1k NOK 32.5k NOK
-42.1%
Total assets
186.9k NOK 235.6k NOK
+26.1%

What improved

  • ↑

    Equity strengthened

    Book equity 149.4k NOK → 204.8k NOK (equity ratio 79.9% → 86.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 664.5k NOK to 600.0k NOK (-9.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +196.3k NOK → +71.9k NOK (op. margin 29.5% → 12.0%). Calculated

  • ↓

    Net result weakened

    Net result +5.15m NOK → +55.4k NOK (net margin 775.6% → 9.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 56.1k NOK → 32.5k NOK (-42.1% YoY). Calculated