ABC ART BUSINESS COLLECTION AS: årsregnskap 2023 vs 2022
Grew 58% on revenue
approved 2024-06-24; registry 2024-07-04; journal 2024 600718
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ABC ART BUSINESS COLLECTION AS. Revenue 3.99m NOK → 6.31m NOK (+58.2%). Net result +363.2k NOK → +330.8k NOK. Equity 2.76m NOK → 4.09m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC ART BUSINESS COLLECTION AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.99m NOK to 6.31m NOK (+58.2% YoY). Calculated
-
↑
Operating result improved
Operating result +552.0k NOK → +723.2k NOK (op. margin 13.8% → 11.5%). Calculated
-
↑
Equity strengthened
Book equity 2.76m NOK → 4.09m NOK (equity ratio 65.8% → 81.6%). Calculated
-
↑
Cash rose
Bank deposits 1 466 NOK → 6 648 NOK (+353.5% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +363.2k NOK → +330.8k NOK (net margin 9.1% → 5.2%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 273.0k NOK → 372.4k NOK (7% → 6% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 600.9k NOK → 3.31m NOK (+451.4% YoY). Calculated