FirmaIQ
Org.nr 841 564 812 2022 → 2023 Year-over-year analysis

A KARLSEN & SØNN AS: årsregnskap 2023 vs 2022

Shrank 15% on revenue, cash halved-plus

approved 2024-05-31; registry 2024-06-03; journal 2024 479054

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A KARLSEN & SØNN AS. Revenue 4.78m NOK → 4.06m NOK (-15.1%). Net result +761.5k NOK → +696.7k NOK. Equity 1.73m NOK → 1.73m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A KARLSEN & SØNN AS.

At a glance

Scorecard

Revenue
4.78m NOK 4.06m NOK
-15.1%
Operating result
+976.5k NOK +896.3k NOK
-8.2%
Net result
+761.5k NOK +696.7k NOK
-8.5%
Equity
1.73m NOK 1.73m NOK
-0.3%
Cash
701.6k NOK 240.1k NOK
-65.8%
Total assets
4.16m NOK 3.39m NOK
-18.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.86m NOK → 740.9k NOK (60% → 18% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.78m NOK to 4.06m NOK (-15.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +976.5k NOK → +896.3k NOK (op. margin 20.4% → 22.1%). Calculated

  • ↓

    Net result weakened

    Net result +761.5k NOK → +696.7k NOK (net margin 15.9% → 17.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.73m NOK → 1.73m NOK (equity ratio 41.7% → 51.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 701.6k NOK → 240.1k NOK (-65.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.03m NOK → 1.60m NOK (-21.5% YoY). Calculated