FirmaIQ
Org.nr 995 955 148 2022 → 2023 Year-over-year analysis

AE ELEKTRO AS: årsregnskap 2023 vs 2022

Grew 55% on revenue

approved 2024-06-25; registry 2024-06-29; journal 2024 563804

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AE ELEKTRO AS. Revenue 473.2k NOK → 732.7k NOK (+54.8%). Net result +37.9k NOK → +30.5k NOK. Equity 321.3k NOK → 351.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AE ELEKTRO AS.

At a glance

Scorecard

Revenue
473.2k NOK 732.7k NOK
+54.8%
Operating result
+47.8k NOK +40.4k NOK
-15.5%
Net result
+37.9k NOK +30.5k NOK
-19.7%
Equity
321.3k NOK 351.7k NOK
+9.5%
Cash
188.3k NOK 319.4k NOK
+69.6%
Total assets
376.6k NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 473.2k NOK to 732.7k NOK (+54.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 321.3k NOK → 351.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 188.3k NOK → 319.4k NOK (+69.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +47.8k NOK → +40.4k NOK (op. margin 10.1% → 5.5%). Calculated

  • ↓

    Net result weakened

    Net result +37.9k NOK → +30.5k NOK (net margin 8.0% → 4.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.4k NOK → 22.8k NOK (2% → 3% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 239.1k NOK → 448.2k NOK (+87.4% YoY). Calculated