FirmaIQ
Org.nr 926 551 221 2022 → 2023 Year-over-year analysis

AE MOTOR & BILSERVICE AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-03-06; registry 2024-03-11; journal 2024 323943

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AE MOTOR & BILSERVICE AS. Revenue 7.65m NOK → 7.66m NOK (+0.1%). Net result +505.6k NOK → +277.1k NOK. Equity 248.0k NOK → 925.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AE MOTOR & BILSERVICE AS.

At a glance

Scorecard

Revenue
7.65m NOK 7.66m NOK
+0.1%
Operating result
+672.6k NOK +365.0k NOK
-45.7%
Net result
+505.6k NOK +277.1k NOK
-45.2%
Equity
248.0k NOK 925.2k NOK
+273.0%
Cash
1.94m NOK 1.31m NOK
-32.4%
Total assets
2.54m NOK 1.87m NOK
-26.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.65m NOK to 7.66m NOK (+0.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 248.0k NOK → 925.2k NOK (equity ratio 9.8% → 49.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +672.6k NOK → +365.0k NOK (op. margin 8.8% → 4.8%). Calculated

  • ↓

    Net result weakened

    Net result +505.6k NOK → +277.1k NOK (net margin 6.6% → 3.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.94m NOK → 1.31m NOK (-32.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.73m NOK → 1.58m NOK (-8.3% YoY). Calculated