AJ SANDNES BYGG AS: årsregnskap 2023 vs 2022
Grew 11% on revenue, stronger earnings
approved 2024-05-31; registry 2024-06-22; journal 2024 508613
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AJ SANDNES BYGG AS. Revenue 20.22m NOK → 22.47m NOK (+11.1%). Net result +505.5k NOK → +842.7k NOK. Equity 8.63m NOK → 7.97m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AJ SANDNES BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.22m NOK to 22.47m NOK (+11.1% YoY). Calculated
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↑
Net result improved
Net result +505.5k NOK → +842.7k NOK (net margin 2.5% → 3.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +580.6k NOK → +19.6k NOK (op. margin 2.9% → 0.1%). Calculated
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↓
Equity eroded
Book equity 8.63m NOK → 7.97m NOK (equity ratio 69.1% → 62.9%). Calculated
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↓
Cash fell
Bank deposits 5.75m NOK → 4.73m NOK (-17.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 8.77m NOK → 9.52m NOK (43% → 42% of revenue). Calculated
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COGS moved
COGS / varekostnad 8.26m NOK → 9.64m NOK (+16.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 687.7k NOK → 225.7k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 16 → 17. Reported fact