Org.nr 917 521 530 2022 → 2023 Year-over-year analysis

A LANGSET AS: årsregnskap 2023 vs 2022

Grew 74% on revenue, weaker earnings, cash halved-plus

approved 2024-07-31; registry 2024-08-05; journal 2024 717208

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A LANGSET AS. Revenue 2.41m NOK → 4.21m NOK (+74.4%). Net result +674.2k NOK → +36.9k NOK. Equity 15.74m NOK → 15.78m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A LANGSET AS.

Scorecard

Revenue
2.41m NOK 4.21m NOK
+74.4%
Operating result
+1.04m NOK +605.4k NOK
-41.9%
Net result
+674.2k NOK +36.9k NOK
-94.5%
Equity
15.74m NOK 15.78m NOK
+0.2%
Cash
505.8k NOK 202.3k NOK
-60.0%
Total assets
18.68m NOK 16.70m NOK
-10.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.41m NOK to 4.21m NOK (+74.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 15.74m NOK → 15.78m NOK (equity ratio 84.3% → 94.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.91m NOK → 2 NOK (162% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.04m NOK → +605.4k NOK (op. margin 43.2% → 14.4%). Calculated

  • ↓

    Net result weakened

    Net result +674.2k NOK → +36.9k NOK (net margin 27.9% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 505.8k NOK → 202.3k NOK (-60.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 397.3k NOK → 842.7k NOK (+112.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7.03m NOK → 6.40m NOK. Reported fact