Org.nr 929 001 966 2022 → 2023 Year-over-year analysis

AH TANGSTAD EIENDOM AS: årsregnskap 2023 vs 2022

Grew 243741% on revenue, stronger earnings

approved 2024-05-30; registry 2024-06-17; journal 2024 485734

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AH TANGSTAD EIENDOM AS. Revenue 1 993 NOK → 4.86m NOK (+243740.6%). Net result +4 594 NOK → +1.41m NOK. Equity 4.61m NOK → 1.12m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AH TANGSTAD EIENDOM AS.

Scorecard

Revenue
1 993 NOK 4.86m NOK
+243740.6%
Operating result
+1 015 NOK +2.30m NOK
+226768.4%
Net result
+4 594 NOK +1.41m NOK
+30652.7%
Equity
4.61m NOK 1.12m NOK
-75.6%
Cash
1 646 NOK 3.17m NOK
+192762.3%
Total assets
17.9k NOK 10.21m NOK
+56850.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 993 NOK to 4.86m NOK (+243740.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 015 NOK → +2.30m NOK (op. margin 50.9% → 47.4%). Calculated

  • ↑

    Net result improved

    Net result +4 594 NOK → +1.41m NOK (net margin 230.5% → 29.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 646 NOK → 3.17m NOK (+192762.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.61m NOK → 1.12m NOK (equity ratio 25725.3% → 11.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 487.7k NOK → 656.3k NOK (+34.6% YoY). Calculated