FirmaIQ
Org.nr 915 157 564 2022 → 2023 Year-over-year analysis

AF AUTO AS: årsregnskap 2023 vs 2022

Shrank 17% on revenue

approved 2024-06-24; registry 2024-06-26; journal 2024 548300

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AF AUTO AS. Revenue 4.28m NOK → 3.54m NOK (-17.3%). Net result +889.3k NOK → +760.0k NOK. Equity 995.8k NOK → 1.10m NOK.

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

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

At a glance

Scorecard

Revenue
4.28m NOK 3.54m NOK
-17.3%
Operating result
+1.14m NOK +966.9k NOK
-15.3%
Net result
+889.3k NOK +760.0k NOK
-14.5%
Equity
995.8k NOK 1.10m NOK
+10.6%
Cash
754.3k NOK 724.7k NOK
-3.9%
Total assets
4.72m NOK 3.07m NOK
-34.9%

What improved

  • ↑

    Equity strengthened

    Book equity 995.8k NOK → 1.10m NOK (equity ratio 21.1% → 35.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.28m NOK to 3.54m NOK (-17.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.14m NOK → +966.9k NOK (op. margin 26.7% → 27.3%). Calculated

  • ↓

    Net result weakened

    Net result +889.3k NOK → +760.0k NOK (net margin 20.8% → 21.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 754.3k NOK → 724.7k NOK (-3.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.05m NOK → 2.47m NOK (-19.0% YoY). Calculated