AHMAD & COMPANY AS: årsregnskap 2023 vs 2022
Grew 6% on revenue, weaker earnings
approved 2024-07-20; registry 2024-07-23; journal 2024 663346
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AHMAD & COMPANY AS. Revenue 1.12m NOK → 1.18m NOK (+5.7%). Net result +863.8k NOK → +509.3k NOK. Equity 888.2k NOK → 397.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AHMAD & COMPANY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.12m NOK to 1.18m NOK (+5.7% YoY). Calculated
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↑
Cash rose
Bank deposits 1.14m NOK → 1.59m NOK (+39.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.11m NOK → +646.0k NOK (op. margin 99.0% → 54.7%). Calculated
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↓
Net result weakened
Net result +863.8k NOK → +509.3k NOK (net margin 77.4% → 43.2%). Calculated
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↓
Equity eroded
Book equity 888.2k NOK → 397.5k NOK (equity ratio 77.9% → 25.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 3.52m NOK (0% → 299% of revenue). Calculated