A. SÆTHER COMPAGNIET EIENDOM AS: årsregnskap 2023 vs 2022
Grew 146% on revenue, returned to profit, cash halved-plus
approved 2024-05-22; registry 2024-06-12; journal 2024 460027
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. SÆTHER COMPAGNIET EIENDOM AS. Revenue 1.11m NOK → 2.73m NOK (+145.6%). Net result -124.5k NOK → +632.5k NOK. Equity 1.77m NOK → 2.40m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. SÆTHER COMPAGNIET EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.11m NOK to 2.73m NOK (+145.6% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 124.5k NOK to a profit of 632.5k NOK. Calculated
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↑
Equity strengthened
Book equity 1.77m NOK → 2.40m NOK (equity ratio 6.8% → 9.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +643.5k NOK → +32.6k NOK (op. margin 57.9% → 1.2%). Calculated
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↓
Cash fell
Bank deposits 167.0k NOK → 68.0k NOK (-59.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 12.6k NOK → 89.4k NOK (1% → 3% of revenue). Calculated