Org.nr 929 530 861 2022 → 2023 Year-over-year analysis

A.O MASKIN AS: årsregnskap 2023 vs 2022

Shrank 63% on revenue, weaker earnings, cash halved-plus

approved 2024-04-08; registry 2024-04-22; journal 2024 367256

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A.O MASKIN AS. Revenue 986.9k NOK → 368.5k NOK (-62.7%). Net result +64.4k NOK → +8 012 NOK. Equity 88.8k NOK → 96.8k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.O MASKIN AS.

Scorecard

Revenue
986.9k NOK 368.5k NOK
-62.7%
Operating result
+82.5k NOK +11.1k NOK
-86.6%
Net result
+64.4k NOK +8 012 NOK
-87.6%
Equity
88.8k NOK 96.8k NOK
+9.0%
Cash
222.7k NOK 51.5k NOK
-76.9%
Total assets
1.09m NOK 888.7k NOK
-18.2%

What improved

  • ↑

    Equity strengthened

    Book equity 88.8k NOK → 96.8k NOK (equity ratio 8.2% → 10.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 986.9k NOK to 368.5k NOK (-62.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +82.5k NOK → +11.1k NOK (op. margin 8.4% → 3.0%). Calculated

  • ↓

    Net result weakened

    Net result +64.4k NOK → +8 012 NOK (net margin 6.5% → 2.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 222.7k NOK → 51.5k NOK (-76.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 535.1k NOK → 365.6k NOK (-31.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.5. Reported fact