A. ØYSTESE TRANSPORT AS: årsregnskap 2023 vs 2022
Shrank 18% on revenue, weaker earnings
approved 2024-07-29; registry 2024-08-02; journal 2024 704649
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. ØYSTESE TRANSPORT AS. Revenue 2.81m NOK → 2.30m NOK (-18.1%). Net result -39.0k NOK → -69.9k NOK. Equity 543.5k NOK → 473.6k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. ØYSTESE TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 443.5k NOK → 452.4k NOK (+2.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 960.4k NOK → 793.7k NOK (34% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.81m NOK to 2.30m NOK (-18.1% YoY). Calculated
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↓
Operating result weakened
Operating result -46.3k NOK → -90.6k NOK (op. margin -1.6% → -3.9%). Calculated
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↓
Net result weakened
Net result -39.0k NOK → -69.9k NOK (net margin -1.4% → -3.0%). Calculated
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↓
Equity eroded
Book equity 543.5k NOK → 473.6k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 43.2k NOK → 8 500 NOK. Reported fact