A1 AUTO AS: årsregnskap 2023 vs 2022
Grew 153% on revenue, stronger earnings
approved 2024-07-01; registry 2024-07-02; journal 2024 586848
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A1 AUTO AS. Revenue 160.0k NOK → 404.1k NOK (+152.6%). Net result +54.0k NOK → +71.8k NOK. Equity 287.2k NOK → 359.0k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A1 AUTO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 160.0k NOK to 404.1k NOK (+152.6% YoY). Calculated
-
↑
Net result improved
Net result +54.0k NOK → +71.8k NOK (net margin 33.8% → 17.8%). Calculated
-
↑
Equity strengthened
Book equity 287.2k NOK → 359.0k NOK (equity ratio 81.1% → 10.5%). Calculated
-
↑
Cash rose
Bank deposits 1 372 NOK → 2 962 NOK (+115.9% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +103.1k NOK → +58.0k NOK (op. margin 64.4% → 14.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.85× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 135.0k NOK → 3 197 NOK (-97.6% YoY). Calculated