Org.nr 937 665 660 2022 → 2023 Year-over-year analysis

A. WESTRE AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-06-19; registry 2024-06-29; journal 2024 540388

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A. WESTRE AS. Revenue 10.91m NOK → 11.05m NOK (+1.3%). Net result +935.2k NOK → +1.22m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A. WESTRE AS.

Scorecard

Revenue
10.91m NOK 11.05m NOK
+1.3%
Operating result
+1.41m NOK +1.58m NOK
+11.7%
Net result
+935.2k NOK +1.22m NOK
+30.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.91m NOK to 11.05m NOK (+1.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.41m NOK → +1.58m NOK (op. margin 12.9% → 14.3%). Calculated

  • ↑

    Net result improved

    Net result +935.2k NOK → +1.22m NOK (net margin 8.6% → 11.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.97m NOK → 4.45m NOK (36% → 40% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.34m NOK → 3.10m NOK (-7.0% YoY). Calculated