Org.nr 927 771 004 2022 → 2023 Year-over-year analysis

AET NORWAY AS: årsregnskap 2023 vs 2022

Grew 37% on revenue, weaker earnings, cash halved-plus

approved 2024-06-27; registry 2024-07-06; journal 2024 580200

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AET NORWAY AS. Revenue 4.33m NOK → 5.95m NOK (+37.3%). Net result +365.0k NOK → +564 NOK. Equity 135.0k NOK → 1.70m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
4.33m NOK 5.95m NOK
+37.3%
Operating result
+455.0k NOK +728 NOK
-99.8%
Net result
+365.0k NOK +564 NOK
-99.8%
Equity
135.0k NOK 1.70m NOK
+1158.5%
Cash
455.0k NOK 882 NOK
-99.8%
Total assets
3.55m NOK 5.81m NOK
+63.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.33m NOK to 5.95m NOK (+37.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 135.0k NOK → 1.70m NOK (equity ratio 3.8% → 29.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +455.0k NOK → +728 NOK (op. margin 10.5% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +365.0k NOK → +564 NOK (net margin 8.4% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 455.0k NOK → 882 NOK (-99.8% YoY). Calculated