AJ ELEKTRO AS: årsregnskap 2023 vs 2022
Grew 63% on revenue, stronger earnings
approved 2024-02-08; registry 2024-02-26; journal 2024 311957
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AJ ELEKTRO AS. Revenue 4.16m NOK → 6.77m NOK (+62.8%). Net result +226.2k NOK → +869.6k NOK. Equity 962.2k NOK → 1.43m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.16m NOK to 6.77m NOK (+62.8% YoY). Calculated
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↑
Net result improved
Net result +226.2k NOK → +869.6k NOK (net margin 5.4% → 12.8%). Calculated
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↑
Equity strengthened
Book equity 962.2k NOK → 1.43m NOK (equity ratio 51.4% → 33.8%). Calculated
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↑
Cash rose
Bank deposits 648.4k NOK → 766.6k NOK (+18.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +291.6k NOK → +1 113 NOK (op. margin 7.0% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.89m NOK → 2.10m NOK (45% → 31% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.49m NOK → 2.80m NOK (+88.1% YoY). Calculated