AERO SERVICE TECHNOLOGY NORWAY AS: årsregnskap 2023 vs 2022
Shrank 20% on revenue, stronger earnings
approved 2024-12-20; registry 2025-02-15; journal 2025 308932
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AERO SERVICE TECHNOLOGY NORWAY AS. Revenue 6.00m NOK → 4.77m NOK (-20.5%). Net result +248.5k NOK → +766.3k NOK. Equity 4.49m NOK → 5.26m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AERO SERVICE TECHNOLOGY NORWAY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +532.3k NOK → +957.4k NOK (op. margin 8.9% → 20.1%). Calculated
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Net result improved
Net result +248.5k NOK → +766.3k NOK (net margin 4.1% → 16.1%). Calculated
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Equity strengthened
Book equity 4.49m NOK → 5.26m NOK (equity ratio 72.2% → 71.0%). Calculated
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Cash rose
Bank deposits 2.54m NOK → 3.18m NOK (+25.1% YoY). Calculated
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Payroll decreased
Salary cost 1.00m NOK → 456.4k NOK (17% → 10% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.00m NOK to 4.77m NOK (-20.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.39m NOK → 2.73m NOK (-19.5% YoY). Calculated