Org.nr 825 876 642 2022 → 2023 Year-over-year analysis

AH TØMRING AS: årsregnskap 2023 vs 2022

Shrank 36% on revenue, weaker earnings, cash halved-plus

approved 2024-07-11; registry 2024-08-08; journal 2024 688410

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AH TØMRING AS. Revenue 20.38m NOK → 12.97m NOK (-36.4%). Net result -1.10m NOK → -3.39m NOK. Equity -1.07m NOK → -4.27m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AH TØMRING AS.

Scorecard

Revenue
20.38m NOK 12.97m NOK
-36.4%
Operating result
-1.05m NOK -3.27m NOK
-210.4%
Net result
-1.10m NOK -3.39m NOK
-207.8%
Equity
-1.07m NOK -4.27m NOK
-300.7%
Cash
989.1k NOK 48.9k NOK
-95.1%
Total assets
278.3k NOK n/m
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.38m NOK to 12.97m NOK (-36.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.05m NOK → -3.27m NOK (op. margin -5.2% → -25.2%). Calculated

  • ↓

    Net result weakened

    Net result -1.10m NOK → -3.39m NOK (net margin -5.4% → -26.1%). Calculated

  • ↓

    Equity eroded

    Book equity -1.07m NOK → -4.27m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 989.1k NOK → 48.9k NOK (-95.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.12m NOK → 6.32m NOK (-47.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 29.3k NOK → 73.4k NOK. Reported fact