Org.nr 925 354 090 2022 → 2023 Year-over-year analysis

AECOM ENGINEERING TECHNOLOGY SERVICES AS: årsregnskap 2023 vs 2022

Grew 181% on revenue, stronger earnings

approved 2024-04-26; registry 2024-05-30; journal 2024 391171

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AECOM ENGINEERING TECHNOLOGY SERVICES AS. Revenue 6.70m NOK → 18.84m NOK (+181.2%). Net result -10.04m NOK → -1.41m NOK. Equity 30.28m NOK → 28.87m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AECOM ENGINEERING TECHNOLOGY SERVICES AS.

Scorecard

Revenue
6.70m NOK 18.84m NOK
+181.2%
Operating result
-10.26m NOK -2.05m NOK
+80.0%
Net result
-10.04m NOK -1.41m NOK
+86.0%
Equity
30.28m NOK 28.87m NOK
-4.7%
Cash
32.84m NOK 27.82m NOK
-15.3%
Total assets
33.69m NOK 33.53m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.70m NOK to 18.84m NOK (+181.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -10.26m NOK → -2.05m NOK (op. margin -153.1% → -10.9%). Calculated

  • ↑

    Net result improved

    Net result -10.04m NOK → -1.41m NOK (net margin -149.9% → -7.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 30.28m NOK → 28.87m NOK (equity ratio 89.9% → 86.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 32.84m NOK → 27.82m NOK (-15.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 12.45m NOK → 16.91m NOK (186% → 90% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 789.1k NOK → 2.19m NOK (+177.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 100.2k NOK → 12.2k NOK. Reported fact