ADOLFSEN BÅTBYGGERI AS: årsregnskap 2023 vs 2022
Grew 11% on revenue, weaker earnings
approved 2024-05-08; registry 2024-05-21; journal 2024 420102
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADOLFSEN BÅTBYGGERI AS. Revenue 3.60m NOK → 3.98m NOK (+10.7%). Net result +421.6k NOK → +119.0k NOK. Equity 1.69m NOK → 1.81m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADOLFSEN BÅTBYGGERI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.60m NOK to 3.98m NOK (+10.7% YoY). Calculated
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↑
Equity strengthened
Book equity 1.69m NOK → 1.81m NOK (equity ratio 28.5% → 30.6%). Calculated
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↑
Cash rose
Bank deposits 1.54m NOK → 1.81m NOK (+17.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +676.6k NOK → +342.8k NOK (op. margin 18.8% → 8.6%). Calculated
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↓
Net result weakened
Net result +421.6k NOK → +119.0k NOK (net margin 11.7% → 3.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 493.2k NOK → 735.5k NOK (+49.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 25.0k NOK. Reported fact