FirmaIQ
Org.nr 924 978 368 2022 → 2023 Year-over-year analysis

A&O IT SERVICES NORWAY AS: årsregnskap 2023 vs 2022

Shrank 6% on revenue, weaker earnings

approved 2024-06-17; registry 2024-07-02; journal 2024 587317

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A&O IT SERVICES NORWAY AS. Revenue 2.96m NOK → 2.77m NOK (-6.4%). Net result +263.0k NOK → +85.6k NOK. Equity 330.7k NOK → 416.3k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for A&O IT SERVICES NORWAY AS.

At a glance

Scorecard

Revenue
2.96m NOK 2.77m NOK
-6.4%
Operating result
+337.8k NOK +111.4k NOK
-67.0%
Net result
+263.0k NOK +85.6k NOK
-67.4%
Equity
330.7k NOK 416.3k NOK
+25.9%
Cash
96.5k NOK 152.2k NOK
+57.7%
Total assets
1.99m NOK 2.09m NOK
+5.1%

What improved

  • ↑

    Equity strengthened

    Book equity 330.7k NOK → 416.3k NOK (equity ratio 16.6% → 19.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 96.5k NOK → 152.2k NOK (+57.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.96m NOK to 2.77m NOK (-6.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +337.8k NOK → +111.4k NOK (op. margin 11.4% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +263.0k NOK → +85.6k NOK (net margin 8.9% → 3.1%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 5. Reported fact