Org.nr 929 284 801 2022 → 2023 Year-over-year analysis

AHMAD PANAM AS: årsregnskap 2023 vs 2022

Grew 86% on revenue, stronger earnings

approved 2024-03-11; registry 2024-04-30; journal 2024 358350

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AHMAD PANAM AS. Revenue 20.80m NOK → 38.64m NOK (+85.8%). Net result +114.0k NOK → +424.4k NOK. Equity 614.0k NOK → 733.4k NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AHMAD PANAM AS.

Scorecard

Revenue
20.80m NOK 38.64m NOK
+85.8%
Operating result
+158.9k NOK +562.3k NOK
+253.9%
Net result
+114.0k NOK +424.4k NOK
+272.3%
Equity
614.0k NOK 733.4k NOK
+19.4%
Cash
1 497 NOK 1.01m NOK
+67635.8%
Total assets
5.23m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.80m NOK to 38.64m NOK (+85.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +158.9k NOK → +562.3k NOK (op. margin 0.8% → 1.5%). Calculated

  • ↑

    Net result improved

    Net result +114.0k NOK → +424.4k NOK (net margin 0.5% → 1.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 614.0k NOK → 733.4k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1 497 NOK → 1.01m NOK (+67635.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 582 NOK → 3.14m NOK (0% → 8% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 17.3k NOK → 31.72m NOK (+183247.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 6. Reported fact