A TITLESTAD AS: årsregnskap 2023 vs 2022
Stronger earnings
registry 2024-02-24; journal 2024 311198
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A TITLESTAD AS. Revenue 5.29m NOK → 5.20m NOK (-1.8%). Net result +98.8k NOK → +4.41m NOK. Equity 1.17m NOK → 1.18m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +121.9k NOK → +517.3k NOK (op. margin 2.3% → 9.9%). Calculated
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↑
Net result improved
Net result +98.8k NOK → +4.41m NOK (net margin 1.9% → 84.9%). Calculated
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↑
Equity strengthened
Book equity 1.17m NOK → 1.18m NOK (equity ratio 48.4% → 47.0%). Calculated
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↑
Payroll decreased
Salary cost 2.35m NOK → 2.15m NOK (44% → 41% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.29m NOK to 5.20m NOK (-1.8% YoY). Calculated
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↓
Cash fell
Bank deposits 952.0k NOK → 594.6k NOK (-37.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.12m NOK → 1.81m NOK (-14.9% YoY). Calculated