AIR-SEP NORGE AS: årsregnskap 2023 vs 2022
Grew 39% on revenue, weaker earnings
approved 2024-02-28; registry 2024-03-11; journal 2024 323143
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIR-SEP NORGE AS. Revenue 3.13m NOK → 4.36m NOK (+39.4%). Net result +146.5k NOK → +17.4k NOK. Equity 485.5k NOK → 502.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIR-SEP NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.13m NOK to 4.36m NOK (+39.4% YoY). Calculated
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↑
Equity strengthened
Book equity 485.5k NOK → 502.8k NOK (equity ratio 35.0% → 31.8%). Calculated
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↑
Cash rose
Bank deposits 530.7k NOK → 872.9k NOK (+64.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +209.1k NOK → +45.2k NOK (op. margin 6.7% → 1.0%). Calculated
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↓
Net result weakened
Net result +146.5k NOK → +17.4k NOK (net margin 4.7% → 0.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 950.7k NOK → 1.07m NOK (30% → 25% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.44m NOK → 2.56m NOK (+78.1% YoY). Calculated