ABB ELECTRIFICATION NORWAY AS: årsregnskap 2023 vs 2022
Grew 9% on revenue, stronger earnings
approved 2024-03-14; registry 2024-06-01; journal 2024 405724
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABB ELECTRIFICATION NORWAY AS. Revenue 3.33bn NOK → 3.62bn NOK (+8.9%). Net result +22.07m NOK → +111.81m NOK. Equity 13.20m NOK → 13.22m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABB ELECTRIFICATION NORWAY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.33bn NOK to 3.62bn NOK (+8.9% YoY). Calculated
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Operating result improved
Operating result +63.08m NOK → +220.81m NOK (op. margin 1.9% → 6.1%). Calculated
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Net result improved
Net result +22.07m NOK → +111.81m NOK (net margin 0.7% → 3.1%). Calculated
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Equity strengthened
Book equity 13.20m NOK → 13.22m NOK (equity ratio 0.9% → 0.9%). Calculated
Things to notice
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Payroll increased
Salary cost 5.68m NOK → 5.78m NOK (0% → 0% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.21bn NOK → 2.15bn NOK (-2.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 159.37m NOK → 67.48m NOK. Reported fact