Org.nr 988 635 766 2022 → 2023 Year-over-year analysis

AH DRILLING CONSULTANCY AS: årsregnskap 2023 vs 2022

Grew 37% on revenue, stronger earnings

registry 2024-05-29; journal 2024 453299

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AH DRILLING CONSULTANCY AS. Revenue 2.54m NOK → 3.49m NOK (+37.4%). Net result +280.1k NOK → +3.22m NOK. Equity 12.33m NOK → 15.55m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.

Scorecard

Revenue
2.54m NOK 3.49m NOK
+37.4%
Operating result
+723.4k NOK +2.54m NOK
+250.6%
Net result
+280.1k NOK +3.22m NOK
+1049.7%
Equity
12.33m NOK 15.55m NOK
+26.1%
Cash
62.4k NOK 331.7k NOK
+431.9%
Total assets
13.14m NOK 16.52m NOK
+25.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.54m NOK to 3.49m NOK (+37.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +723.4k NOK → +2.54m NOK (op. margin 28.4% → 72.6%). Calculated

  • ↑

    Net result improved

    Net result +280.1k NOK → +3.22m NOK (net margin 11.0% → 92.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.33m NOK → 15.55m NOK (equity ratio 93.8% → 94.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 62.4k NOK → 331.7k NOK (+431.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 866.8k NOK → 723.7k NOK. Reported fact