A. SØRENSENS TRANSPORT AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-02-28; registry 2024-03-02; journal 2024 315698
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. SØRENSENS TRANSPORT AS. Revenue 2.68m NOK → 2.65m NOK (-1.2%). Net result +318.7k NOK → +165.6k NOK. Equity 157.6k NOK → 1.32m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 157.6k NOK → 1.32m NOK (equity ratio 10.3% → 28.9%). Calculated
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↑
Cash rose
Bank deposits 132.3k NOK → 535.1k NOK (+304.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.94× → 5.11×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.68m NOK to 2.65m NOK (-1.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +410.4k NOK → +215.2k NOK (op. margin 15.3% → 8.1%). Calculated
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↓
Net result weakened
Net result +318.7k NOK → +165.6k NOK (net margin 11.9% → 6.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 757.5k NOK → 2.83m NOK (28% → 107% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 638.6k NOK → 681.2k NOK (+6.7% YoY). Calculated