A. TANGEN AS: årsregnskap 2023 vs 2022
Stronger earnings
approved 2024-08-13; registry 2024-08-26; journal 2024 733199
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A. TANGEN AS. Revenue 8.27m NOK → 8.33m NOK (+0.8%). Net result +948.0k NOK → +1.49m NOK. Equity 3.01m NOK → 4.50m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. 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. TANGEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.27m NOK to 8.33m NOK (+0.8% YoY). Calculated
-
↑
Net result improved
Net result +948.0k NOK → +1.49m NOK (net margin 11.5% → 17.9%). Calculated
-
↑
Equity strengthened
Book equity 3.01m NOK → 4.50m NOK (equity ratio 46.3% → 62.4%). Calculated
-
↑
Cash rose
Bank deposits 2.88m NOK → 4.14m NOK (+43.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +2.52m NOK → +1.94m NOK (op. margin 30.5% → 23.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.39m NOK → 1.47m NOK (17% → 18% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.93m NOK → 1.95m NOK (+0.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 22.9k NOK → 585.3k NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact