FirmaIQ
Org.nr 926 432 672 2022 → 2023 Year-over-year analysis

AE RIDING AS: årsregnskap 2023 vs 2022

Grew 334% on revenue, stronger earnings

approved 2024-03-13; registry 2024-03-20; journal 2024 332527

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AE RIDING AS. Revenue 321.6k NOK → 1.40m NOK (+334.5%). Net result +23.2k NOK → +55.4k NOK. Equity 112.5k NOK → 167.8k NOK.

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

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

At a glance

Scorecard

Revenue
321.6k NOK 1.40m NOK
+334.5%
Operating result
+30.3k NOK +76.6k NOK
+152.6%
Net result
+23.2k NOK +55.4k NOK
+138.7%
Equity
112.5k NOK 167.8k NOK
+49.2%
Cash
222.5k NOK 372.0k NOK
+67.2%
Total assets
598.6k NOK 877.8k NOK
+46.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 321.6k NOK to 1.40m NOK (+334.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +30.3k NOK → +76.6k NOK (op. margin 9.4% → 5.5%). Calculated

  • ↑

    Net result improved

    Net result +23.2k NOK → +55.4k NOK (net margin 7.2% → 4.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 112.5k NOK → 167.8k NOK (equity ratio 18.8% → 19.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 222.5k NOK → 372.0k NOK (+67.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 259.1k NOK → 205.1k NOK (-20.8% YoY). Calculated