A/S SØRENSEN OG BALCHEN: årsregnskap 2023 vs 2022
Grew 13% on revenue
approved 2024-04-11; registry 2024-08-12; journal 2024 631846
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A/S SØRENSEN OG BALCHEN. Revenue 521.62m NOK → 591.43m NOK (+13.4%). Net result +120.41m NOK → +126.34m NOK. Equity 302.21m NOK → 327.89m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 521.62m NOK to 591.43m NOK (+13.4% YoY). Calculated
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↑
Equity strengthened
Book equity 302.21m NOK → 327.89m NOK (equity ratio 56.7% → 58.0%). Calculated
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↑
Cash rose
Bank deposits 2.85m NOK → 2.87m NOK (+0.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +134.11m NOK → +130.00m NOK (op. margin 25.7% → 22.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 54.67m NOK → 65.44m NOK (10% → 11% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 253.79m NOK → 308.49m NOK (+21.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 237.33m NOK → 244.30m NOK. Reported fact