FirmaIQ
Org.nr 924 191 597 2022 → 2023 Year-over-year analysis

CARTAVIO AS: årsregnskap 2023 vs 2022

Grew 16% on revenue, weaker earnings

approved 2024-05-31; registry 2024-06-22; journal 2024 532829

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for CARTAVIO AS. Revenue 2.36m NOK → 2.75m NOK (+16.2%). Net result +723.9k NOK → +314.2k NOK. Equity 617.1k NOK → 2.93m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for CARTAVIO AS.

At a glance

Scorecard

Revenue
2.36m NOK 2.75m NOK
+16.2%
Operating result
+1.03m NOK +1.60m NOK
+54.9%
Net result
+723.9k NOK +314.2k NOK
-56.6%
Equity
617.1k NOK 2.93m NOK
+375.0%
Cash
168.2k NOK 297.3k NOK
+76.8%
Total assets
718.4k NOK 3.53m NOK
+390.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.36m NOK to 2.75m NOK (+16.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.03m NOK → +1.60m NOK (op. margin 43.7% → 58.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 617.1k NOK → 2.93m NOK (equity ratio 85.9% → 83.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 168.2k NOK → 297.3k NOK (+76.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.42× → 2.57×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +723.9k NOK → +314.2k NOK (net margin 30.6% → 11.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 251.4k NOK → 2.00m NOK. Reported fact