A JENSERUD & SØNN AS: årsregnskap 2023 vs 2022
Shrank 11% on revenue, stronger earnings
approved 2024-07-02; registry 2024-07-09; journal 2024 620766
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A JENSERUD & SØNN AS. Revenue 27.92m NOK → 24.77m NOK (-11.3%). Net result +1.74m NOK → +5.63m NOK. Equity 9.18m NOK → 8.61m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A JENSERUD & SØNN AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +1.74m NOK → +5.63m NOK (net margin 6.2% → 22.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 27.92m NOK to 24.77m NOK (-11.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.19m NOK → +781.6k NOK (op. margin 7.9% → 3.2%). Calculated
-
↓
Equity eroded
Book equity 9.18m NOK → 8.61m NOK (equity ratio 68.4% → 60.1%). Calculated
-
↓
Cash fell
Bank deposits 4.09m NOK → 2.07m NOK (-49.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 8.04m NOK → 8.05m NOK (29% → 32% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 14.99m NOK → 12.53m NOK (-16.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.39m NOK → 2.53m NOK. Reported fact