FirmaIQ
Org.nr 850 174 342 2022 → 2023 Year-over-year analysis

AKERSHUS MOTOR AS: årsregnskap 2023 vs 2022

Shrank 22% on revenue, weaker earnings

approved 2024-06-30; registry 2024-07-25; journal 2024 672045

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AKERSHUS MOTOR AS. Revenue 14.19m NOK → 11.12m NOK (-21.7%). Net result +492.7k NOK → +307.8k NOK. Equity 2.12m NOK → 2.43m NOK.

On the constructive side: equity strengthened. 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 MOTOR AS.

At a glance

Scorecard

Revenue
14.19m NOK 11.12m NOK
-21.7%
Operating result
+633.8k NOK +398.8k NOK
-37.1%
Net result
+492.7k NOK +307.8k NOK
-37.5%
Equity
2.12m NOK 2.43m NOK
+14.5%
Cash
339.2k NOK 261.2k NOK
-23.0%
Total assets
2.77m NOK 3.65m NOK
+31.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.12m NOK → 2.43m NOK (equity ratio 76.5% → 66.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.19m NOK to 11.12m NOK (-21.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +633.8k NOK → +398.8k NOK (op. margin 4.5% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +492.7k NOK → +307.8k NOK (net margin 3.5% → 2.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 339.2k NOK → 261.2k NOK (-23.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 320.6k NOK → 379.5k NOK (2% → 3% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.81m NOK → 9.95m NOK (-22.3% YoY). Calculated