FirmaIQ
Org.nr 994 415 093 2022 → 2023 Year-over-year analysis

A-TEC AS: årsregnskap 2023 vs 2022

Shrank 13% on revenue, weaker earnings

approved 2024-07-18; registry 2024-09-03; journal 2024 739740

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A-TEC AS. Revenue 54.34m NOK → 47.23m NOK (-13.1%). Net result +4.89m NOK → +3.08m NOK. Equity 22.22m NOK → 25.30m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A-TEC AS.

At a glance

Scorecard

Revenue
54.34m NOK 47.23m NOK
-13.1%
Operating result
+6.30m NOK +4.26m NOK
-32.4%
Net result
+4.89m NOK +3.08m NOK
-37.0%
Equity
22.22m NOK 25.30m NOK
+13.9%
Cash
4.28m NOK 7.81m NOK
+82.5%
Total assets
62.45m NOK 75.51m NOK
+20.9%

What improved

  • ↑

    Equity strengthened

    Book equity 22.22m NOK → 25.30m NOK (equity ratio 35.6% → 33.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.28m NOK → 7.81m NOK (+82.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 54.34m NOK to 47.23m NOK (-13.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.30m NOK → +4.26m NOK (op. margin 11.6% → 9.0%). Calculated

  • ↓

    Net result weakened

    Net result +4.89m NOK → +3.08m NOK (net margin 9.0% → 6.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9.39m NOK → 10.63m NOK (17% → 23% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.50m NOK → 6.47m NOK (-38.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 13 → 10. Reported fact