Org.nr 911 374 919 2022 → 2023 Year-over-year analysis

A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2023 vs 2022

Grew 268% on revenue, returned to profit

approved 2024-06-19; registry 2024-06-29; journal 2024 542505

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 206.7k NOK → 760.3k NOK (+267.8%). Net result -1.57m NOK → +2.44m NOK. Equity 49.60m NOK → 50.74m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.

Scorecard

Revenue
206.7k NOK 760.3k NOK
+267.8%
Operating result
-24.8k NOK -498.5k NOK
-1906.8%
Net result
-1.57m NOK +2.44m NOK
+255.6%
Equity
49.60m NOK 50.74m NOK
+2.3%
Cash
1.10m NOK 870.5k NOK
-20.9%
Total assets
53.84m NOK 54.83m NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 206.7k NOK to 760.3k NOK (+267.8% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.57m NOK to a profit of 2.44m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 49.60m NOK → 50.74m NOK (equity ratio 92.1% → 92.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -24.8k NOK → -498.5k NOK (op. margin -12.0% → -65.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.10m NOK → 870.5k NOK (-20.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 151.2k NOK → 118.7k NOK (-21.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 102.9k NOK → 94.4k NOK. Reported fact