FirmaIQ
Org.nr 983 701 469 2022 → 2023 Year-over-year analysis

AKERSHUS ENERGI VARME AS: årsregnskap 2023 vs 2022

Shrank 9% on revenue, weaker earnings

approved 2024-06-05; registry 2024-06-19; journal 2024 495418

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AKERSHUS ENERGI VARME AS. Revenue 368.85m NOK → 334.49m NOK (-9.3%). Net result +36.24m NOK → +24.39m NOK. Equity 402.41m NOK → 426.80m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS ENERGI VARME AS.

At a glance

Scorecard

Revenue
368.85m NOK 334.49m NOK
-9.3%
Operating result
+60.23m NOK +48.09m NOK
-20.2%
Net result
+36.24m NOK +24.39m NOK
-32.7%
Equity
402.41m NOK 426.80m NOK
+6.1%
Cash
10.59m NOK 37.27m NOK
+251.9%
Total assets
992.05m NOK 972.59m NOK
-2.0%

What improved

  • ↑

    Equity strengthened

    Book equity 402.41m NOK → 426.80m NOK (equity ratio 40.6% → 43.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.59m NOK → 37.27m NOK (+251.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 368.85m NOK to 334.49m NOK (-9.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +60.23m NOK → +48.09m NOK (op. margin 16.3% → 14.4%). Calculated

  • ↓

    Net result weakened

    Net result +36.24m NOK → +24.39m NOK (net margin 9.8% → 7.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 13.89m NOK → 15.30m NOK (4% → 5% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 198.74m NOK → 172.80m NOK (-13.1% YoY). Calculated