Org.nr 922 558 221 2022 → 2023 Year-over-year analysis

AFYX NORWAY AS: årsregnskap 2023 vs 2022

Grew 154% on revenue, stronger earnings

approved 2024-09-16; registry 2024-09-19; journal 2024 748096

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AFYX NORWAY AS. Revenue 7.04m NOK → 17.91m NOK (+154.3%). Net result +902.1k NOK → +3.70m NOK. Equity 435.0k NOK → 914.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AFYX NORWAY AS.

Scorecard

Revenue
7.04m NOK 17.91m NOK
+154.3%
Operating result
+112.1k NOK +5.54m NOK
+4841.3%
Net result
+902.1k NOK +3.70m NOK
+310.6%
Equity
435.0k NOK 914.4k NOK
+110.2%
Cash
2.24m NOK 2.92m NOK
+29.9%
Total assets
3.57m NOK 8.61m NOK
+141.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.04m NOK to 17.91m NOK (+154.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +112.1k NOK → +5.54m NOK (op. margin 1.6% → 30.9%). Calculated

  • ↑

    Net result improved

    Net result +902.1k NOK → +3.70m NOK (net margin 12.8% → 20.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 435.0k NOK → 914.4k NOK (equity ratio 12.2% → 10.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.24m NOK → 2.92m NOK (+29.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 964.2k NOK → 6.84m NOK (+609.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 2.23m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.2. Reported fact