FirmaIQ
Org.nr 997 227 654 2022 → 2023 Year-over-year analysis

A. MIDTBØ EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 39% on revenue, weaker earnings

approved 2024-06-30; registry 2024-07-06; journal 2024 604494

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A. MIDTBØ EIENDOM AS. Revenue 919.0k NOK → 558.0k NOK (-39.3%). Net result +581.5k NOK → +287.8k NOK. Equity 1.43m NOK → 1.32m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
919.0k NOK 558.0k NOK
-39.3%
Operating result
+744.9k NOK +369.4k NOK
-50.4%
Net result
+581.5k NOK +287.8k NOK
-50.5%
Equity
1.43m NOK 1.32m NOK
-7.8%
Cash
734.5k NOK 757.0k NOK
+3.1%
Total assets
2.15m NOK 1.96m NOK
-9.0%

What improved

  • ↑

    Cash rose

    Bank deposits 734.5k NOK → 757.0k NOK (+3.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 919.0k NOK to 558.0k NOK (-39.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +744.9k NOK → +369.4k NOK (op. margin 81.1% → 66.2%). Calculated

  • ↓

    Net result weakened

    Net result +581.5k NOK → +287.8k NOK (net margin 63.3% → 51.6%). Calculated

  • ↓

    Equity eroded

    Book equity 1.43m NOK → 1.32m NOK (equity ratio 66.6% → 67.4%). Calculated