A. NEGAARD AS: årsregnskap 2023 vs 2022
Grew 17% on revenue, weaker earnings
approved 2024-03-11; registry 2024-03-21; journal 2024 333877
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. NEGAARD AS. Revenue 1.56m NOK → 1.82m NOK (+16.6%). Net result +303.4k NOK → +180.7k NOK. Equity 853.4k NOK → 34.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. NEGAARD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.56m NOK to 1.82m NOK (+16.6% YoY). Calculated
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↑
Cash rose
Bank deposits 217.1k NOK → 330.3k NOK (+52.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +315.4k NOK → +187.6k NOK (op. margin 20.2% → 10.3%). Calculated
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↓
Net result weakened
Net result +303.4k NOK → +180.7k NOK (net margin 19.4% → 9.9%). Calculated
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↓
Equity eroded
Book equity 853.4k NOK → 34.1k NOK (equity ratio 59.8% → 2.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 414.8k NOK → 620.7k NOK (27% → 34% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact