A. OLUFSEN SHIP & OFFSHORE AS: årsregnskap 2023 vs 2022
Grew 22% on revenue, stronger earnings
approved 2024-08-14; registry 2024-08-28; journal 2024 735142
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. OLUFSEN SHIP & OFFSHORE AS. Revenue 53.23m NOK → 64.88m NOK (+21.9%). Net result +2.50m NOK → +8.67m NOK. Equity 7.67m NOK → 16.34m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. OLUFSEN SHIP & OFFSHORE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 53.23m NOK to 64.88m NOK (+21.9% YoY). Calculated
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Operating result improved
Operating result +2.88m NOK → +8.56m NOK (op. margin 5.4% → 13.2%). Calculated
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Net result improved
Net result +2.50m NOK → +8.67m NOK (net margin 4.7% → 13.4%). Calculated
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Equity strengthened
Book equity 7.67m NOK → 16.34m NOK (equity ratio 46.1% → 67.9%). Calculated
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Cash rose
Bank deposits 3.19m NOK → 7.31m NOK (+129.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 24.00m NOK → 29.29m NOK (45% → 45% of revenue). Calculated
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COGS moved
COGS / varekostnad 16.27m NOK → 16.73m NOK (+2.8% YoY). Calculated