Org.nr 914 944 961 2022 → 2023 Year-over-year analysis

ABRY & KAVANAGH DESIGN AS: årsregnskap 2023 vs 2022

Grew 13% on revenue, stronger earnings

approved 2024-04-16; registry 2024-05-27; journal 2024 443894

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ABRY & KAVANAGH DESIGN AS. Revenue 2.27m NOK → 2.55m NOK (+12.6%). Net result +12.2k NOK → +94.1k NOK. Equity 713.9k NOK → 808.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABRY & KAVANAGH DESIGN AS.

Scorecard

Revenue
2.27m NOK 2.55m NOK
+12.6%
Operating result
+11.5k NOK +83.0k NOK
+620.4%
Net result
+12.2k NOK +94.1k NOK
+671.8%
Equity
713.9k NOK 808.0k NOK
+13.2%
Cash
486.3k NOK 782.1k NOK
+60.8%
Total assets
1.29m NOK 1.34m NOK
+4.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.27m NOK to 2.55m NOK (+12.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.5k NOK → +83.0k NOK (op. margin 0.5% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +12.2k NOK → +94.1k NOK (net margin 0.5% → 3.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 713.9k NOK → 808.0k NOK (equity ratio 55.5% → 60.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 486.3k NOK → 782.1k NOK (+60.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 31.0k NOK → 39.0k NOK (+25.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 2.25. Reported fact