Org.nr 928 923 770 2022 → 2023 Year-over-year analysis

AH MASKIN AS: årsregnskap 2023 vs 2022

Grew 312399% on revenue, stronger earnings

approved 2024-05-30; registry 2024-06-03; journal 2024 476890

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AH MASKIN AS. Revenue 2 323 NOK → 7.26m NOK (+312399.4%). Net result +4 318 NOK → +684.2k NOK. Equity 348.3k NOK → 1.03m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AH MASKIN AS.

Scorecard

Revenue
2 323 NOK 7.26m NOK
+312399.4%
Operating result
+420.6k NOK +928.0k NOK
+120.6%
Net result
+4 318 NOK +684.2k NOK
+15745.1%
Equity
348.3k NOK 1.03m NOK
+196.4%
Cash
341.3k NOK 319.8k NOK
-6.3%
Total assets
1.40m NOK 3.42m NOK
+145.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 323 NOK to 7.26m NOK (+312399.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +420.6k NOK → +928.0k NOK (op. margin 18106.2% → 12.8%). Calculated

  • ↑

    Net result improved

    Net result +4 318 NOK → +684.2k NOK (net margin 185.9% → 9.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 348.3k NOK → 1.03m NOK (equity ratio 25.0% → 30.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 341.3k NOK → 319.8k NOK (-6.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.43× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 665 NOK → 2.28m NOK (72% → 31% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 391.5k NOK → 466.2k NOK (+19.1% YoY). Calculated