FirmaIQ
Org.nr 976 160 622 2022 → 2023 Year-over-year analysis

A OLSEN & SØNN AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, weaker earnings

approved 2024-05-12; registry 2024-05-15; journal 2024 414351

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A OLSEN & SØNN AS. Revenue 5.10m NOK → 5.98m NOK (+17.3%). Net result +729.2k NOK → +344.0k NOK. Equity 2.61m NOK → 3.46m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
5.10m NOK 5.98m NOK
+17.3%
Operating result
+4 892 NOK +1.88m NOK
+38312.1%
Net result
+729.2k NOK +344.0k NOK
-52.8%
Equity
2.61m NOK 3.46m NOK
+32.3%
Cash
1.92m NOK 2.03m NOK
+5.7%
Total assets
6.61m NOK 6.93m NOK
+4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.10m NOK to 5.98m NOK (+17.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4 892 NOK → +1.88m NOK (op. margin 0.1% → 31.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.61m NOK → 3.46m NOK (equity ratio 39.5% → 49.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.92m NOK → 2.03m NOK (+5.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.82m NOK → 1.80m NOK (36% → 30% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +729.2k NOK → +344.0k NOK (net margin 14.3% → 5.8%). Calculated