FirmaIQ
Org.nr 923 545 921 2022 → 2023 Year-over-year analysis

AGGREKO NORWAY AS: årsregnskap 2023 vs 2022

Shrank 39% on revenue, weaker earnings, cash halved-plus

approved 2024-07-11; registry 2024-07-17; journal 2024 640687

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGGREKO NORWAY AS. Revenue 90.14m NOK → 54.73m NOK (-39.3%). Net result +11.38m NOK → +4.63m NOK. Equity 100.39m NOK → 6.11bn NOK.

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

Also worth watching: sharp cash drawdown; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGGREKO NORWAY AS.

At a glance

Scorecard

Revenue
90.14m NOK 54.73m NOK
-39.3%
Operating result
+13.82m NOK +3.78m NOK
-72.7%
Net result
+11.38m NOK +4.63m NOK
-59.4%
Equity
100.39m NOK 6.11bn NOK
+5981.5%
Cash
11.01m NOK 3.26m NOK
-70.4%
Total assets
126.74m NOK 121.79m NOK
-3.9%

What improved

  • ↑

    Equity strengthened

    Book equity 100.39m NOK → 6.11bn NOK (equity ratio 79.2% → 5012.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 90.14m NOK to 54.73m NOK (-39.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +13.82m NOK → +3.78m NOK (op. margin 15.3% → 6.9%). Calculated

  • ↓

    Net result weakened

    Net result +11.38m NOK → +4.63m NOK (net margin 12.6% → 8.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.01m NOK → 3.26m NOK (-70.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 16.33m NOK → 17.35m NOK (18% → 32% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (11.01m NOK → 3.26m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 9 → 10. Reported fact