FirmaIQ
Org.nr 921 956 851 2022 → 2023 Year-over-year analysis

ABD ELEKTRO AS: årsregnskap 2023 vs 2022

Grew 38% on revenue, stronger earnings

approved 2024-07-30; registry 2024-08-03; journal 2024 705464

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ABD ELEKTRO AS. Revenue 6.37m NOK → 8.81m NOK (+38.4%). Net result +51.2k NOK → +1.14m NOK. Equity 2.54m NOK → 3.53m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABD ELEKTRO AS.

At a glance

Scorecard

Revenue
6.37m NOK 8.81m NOK
+38.4%
Operating result
+1.43m NOK +1.51m NOK
+5.6%
Net result
+51.2k NOK +1.14m NOK
+2129.0%
Equity
2.54m NOK 3.53m NOK
+39.1%
Cash
1.23m NOK 661.4k NOK
-46.1%
Total assets
4.48m NOK 6.29m NOK
+40.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.37m NOK to 8.81m NOK (+38.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.43m NOK → +1.51m NOK (op. margin 22.4% → 17.1%). Calculated

  • ↑

    Net result improved

    Net result +51.2k NOK → +1.14m NOK (net margin 0.8% → 13.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.54m NOK → 3.53m NOK (equity ratio 56.6% → 56.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.23m NOK → 661.4k NOK (-46.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.28m NOK → 3.42m NOK (36% → 39% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.50m NOK → 2.35m NOK (+57.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 5. Reported fact