A. JENSEN BLOMSTER AS: årsregnskap 2023 vs 2022
Shrank 7% on revenue, stronger earnings
approved 2024-05-07; registry 2024-06-03; journal 2024 412104
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. JENSEN BLOMSTER AS. Revenue 5.42m NOK → 5.06m NOK (-6.5%). Net result -233.9k NOK → -143.0k NOK. Equity -101.5k NOK → -244.6k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A. JENSEN BLOMSTER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -240.3k NOK → -115.6k NOK (op. margin -4.4% → -2.3%). Calculated
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Net result improved
Net result -233.9k NOK → -143.0k NOK (net margin -4.3% → -2.8%). Calculated
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Cash rose
Bank deposits 111.5k NOK → 152.0k NOK (+36.3% YoY). Calculated
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Payroll decreased
Salary cost 2.35m NOK → 2.20m NOK (43% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.42m NOK to 5.06m NOK (-6.5% YoY). Calculated
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↓
Equity eroded
Book equity -101.5k NOK → -244.6k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.58m NOK → 2.30m NOK (-10.7% YoY). Calculated