AB-GARAGE AS: årsregnskap 2023 vs 2022
Shrank 45% on revenue
approved 2024-06-15; registry 2024-06-17; journal 2024 516619
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AB-GARAGE AS. Revenue 971.7k NOK → 532.1k NOK (-45.2%). Net result +23.8k NOK → +17.9k NOK. Equity 130.9k NOK → 125.0k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB-GARAGE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 971.7k NOK to 532.1k NOK (-45.2% YoY). Calculated
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↓
Operating result weakened
Operating result +28.0k NOK → +23.0k NOK (op. margin 2.9% → 4.3%). Calculated
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↓
Net result weakened
Net result +23.8k NOK → +17.9k NOK (net margin 2.4% → 3.4%). Calculated
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↓
Equity eroded
Book equity 130.9k NOK → 125.0k NOK (equity ratio 54.3% → 44.6%). Calculated
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↓
Cash fell
Bank deposits 139.3k NOK → 98.2k NOK (-29.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 879.3k NOK → 330.3k NOK (-62.4% YoY). Calculated