Org.nr 994 258 281 2022 → 2023 Year-over-year analysis

A. MIDTBØEN ELEKTRO AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-05-29; registry 2024-06-15; journal 2024 480180

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. MIDTBØEN ELEKTRO AS. Revenue 3.69m NOK → 3.86m NOK (+4.6%). Net result +219.6k NOK → +282.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A. MIDTBØEN ELEKTRO AS.

Scorecard

Revenue
3.69m NOK 3.86m NOK
+4.6%
Operating result
+250.7k NOK +351.3k NOK
+40.1%
Net result
+219.6k NOK +282.6k NOK
+28.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.69m NOK to 3.86m NOK (+4.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +250.7k NOK → +351.3k NOK (op. margin 6.8% → 9.1%). Calculated

  • ↑

    Net result improved

    Net result +219.6k NOK → +282.6k NOK (net margin 5.9% → 7.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.60m NOK → 1.70m NOK (43% → 44% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.43m NOK → 1.26m NOK (-12.2% YoY). Calculated