ARENDALS FOSSEKOMPANI ASA: årsregnskap 2023 vs 2022
Grew 82582% on revenue, weaker earnings
approved 2024-05-15; registry 2024-06-19; journal 2024 487569
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ARENDALS FOSSEKOMPANI ASA. Revenue 628.1k NOK → 519.32m NOK (+82582.0%). Net result +604.30m NOK → +211.11m NOK. Equity 3.03bn NOK → 3.03bn NOK.
On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ARENDALS FOSSEKOMPANI ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 628.1k NOK to 519.32m NOK (+82582.0% YoY). Calculated
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Operating result improved
Operating result +449.5k NOK → +334.71m NOK (op. margin 71.6% → 64.5%). Calculated
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Payroll decreased
Salary cost 78.37m NOK → 75.51m NOK (12478% → 15% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +604.30m NOK → +211.11m NOK (net margin 96213.6% → 40.7%). Calculated
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↓
Equity eroded
Book equity 3.03bn NOK → 3.03bn NOK (equity ratio 71.4% → 61.2%). Calculated
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↓
Cash fell
Bank deposits 1.16bn NOK → 1.06bn NOK (-8.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 135.77m NOK → 136.6k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 4.20m NOK → 2.00m NOK (-52.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 2.27bn NOK → 3.34bn NOK. Reported fact