ACO NORWAY AS: årsregnskap 2023 vs 2022
Grew 8% on revenue, stronger earnings
approved 2024-05-23; registry 2024-06-15; journal 2024 480150
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACO NORWAY AS. Revenue 369.86m NOK → 400.73m NOK (+8.3%). Net result +13.24m NOK → +16.39m NOK. Equity 71.53m NOK → 42.92m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACO NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 369.86m NOK to 400.73m NOK (+8.3% YoY). Calculated
-
↑
Operating result improved
Operating result +14.67m NOK → +15.79m NOK (op. margin 4.0% → 3.9%). Calculated
-
↑
Net result improved
Net result +13.24m NOK → +16.39m NOK (net margin 3.6% → 4.1%). Calculated
-
↑
Cash rose
Bank deposits 1.69m NOK → 1.73m NOK (+2.0% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 71.53m NOK → 42.92m NOK (equity ratio 43.4% → 23.7%). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 2.24bn NOK → 2.26bn NOK (+0.8% YoY). Calculated