AERO ENGINEERING AS: årsregnskap 2023 vs 2022
Grew 11% on revenue, stronger earnings
approved 2024-03-14; registry 2024-03-19; journal 2024 332172
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AERO ENGINEERING AS. Revenue 2.59m NOK → 2.87m NOK (+10.7%). Net result +697.7k NOK → +2.14m NOK. Equity 4.65m NOK → 6.54m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AERO ENGINEERING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.59m NOK to 2.87m NOK (+10.7% YoY). Calculated
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Operating result improved
Operating result +1.42m NOK → +1.51m NOK (op. margin 54.8% → 52.6%). Calculated
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Net result improved
Net result +697.7k NOK → +2.14m NOK (net margin 26.9% → 74.5%). Calculated
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↑
Equity strengthened
Book equity 4.65m NOK → 6.54m NOK (equity ratio 76.6% → 86.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 878.6k NOK → 768.3k NOK (-12.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 908.3k NOK → 964.5k NOK (35% → 34% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 4 NOK → 69.6k NOK. Reported fact