Org.nr 989 269 534 2022 → 2023 Year-over-year analysis

A. VARHAUG HOLDING AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

registry 2024-07-10; journal 2024 627595

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. VARHAUG HOLDING AS. Net result +448.6k NOK → +623.0k NOK. Equity 6.74m NOK → 13.22m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-142.6k NOK -150.5k NOK
-5.5%
Net result
+448.6k NOK +623.0k NOK
+38.9%
Equity
6.74m NOK 13.22m NOK
+96.2%
Cash
742.2k NOK 71.1k NOK
-90.4%
Total assets
6.86m NOK 13.37m NOK
+94.9%

What improved

  • ↑

    Net result improved

    Net result +448.6k NOK → +623.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.74m NOK → 13.22m NOK (equity ratio 98.2% → 98.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -142.6k NOK → -150.5k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 742.2k NOK → 71.1k NOK (-90.4% YoY). Calculated