A. MIDTBØEN ELEKTRO AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, weaker earnings
approved 2023-05-26; registry 2023-06-08; journal 2023 445529
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. MIDTBØEN ELEKTRO AS. Revenue 3.18m NOK → 3.69m NOK (+16.0%). Net result +327.4k NOK → +219.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. MIDTBØEN ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.18m NOK to 3.69m NOK (+16.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +408.6k NOK → +250.7k NOK (op. margin 12.8% → 6.8%). Calculated
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↓
Net result weakened
Net result +327.4k NOK → +219.6k NOK (net margin 10.3% → 5.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.22m NOK → 1.60m NOK (38% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 128 NOK → 1.43m NOK (+127044.6% YoY). Calculated