Org.nr 913 915 062 2022 → 2023 Year-over-year analysis

AKER BIOMARINE ASA: årsregnskap 2023 vs 2022

Shrank 41% on revenue, weaker earnings, cash halved-plus

approved 2024-03-18; registry 2024-08-08; journal 2024 636425

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKER BIOMARINE ASA. Revenue 17.00m NOK → 10.00m NOK (-41.2%). Net result +26.00m NOK → +5.00m NOK. Equity 544.0k NOK → 549.0k NOK.

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

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKER BIOMARINE ASA.

Scorecard

Revenue
17.00m NOK 10.00m NOK
-41.2%
Operating result
+3.00m NOK -12.00m NOK
-500.0%
Net result
+26.00m NOK +5.00m NOK
-80.8%
Equity
544.0k NOK 549.0k NOK
+0.9%
Cash
4.00m NOK 1.00m NOK
-75.0%
Total assets
548.0k NOK 559.0k NOK
+2.0%

What improved

  • ↑

    Equity strengthened

    Book equity 544.0k NOK → 549.0k NOK (equity ratio 99.3% → 98.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.00m NOK to 10.00m NOK (-41.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.00m NOK → -12.00m NOK (op. margin 17.6% → -120.0%). Calculated

  • ↓

    Net result weakened

    Net result +26.00m NOK → +5.00m NOK (net margin 152.9% → 50.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.00m NOK → 1.00m NOK (-75.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 12.16m NOK → 12.22m NOK (+0.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.00m NOK → 1.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 532.0k NOK → 550.0k NOK. Reported fact