Org.nr 931 693 670 2022 → 2023 Year-over-year analysis

AKVA GROUP ASA: årsregnskap 2023 vs 2022

Grew 13% on revenue, returned to profit

approved 2024-03-14; registry 2024-06-10; journal 2024 443050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKVA GROUP ASA. Revenue 1.07bn NOK → 1.21bn NOK (+13.1%). Net result -5.19m NOK → +19.92m NOK. Equity 1.17bn NOK → 1.22bn NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AKVA GROUP ASA.

Scorecard

Revenue
1.07bn NOK 1.21bn NOK
+13.1%
Operating result
-184.17m NOK -166.44m NOK
+9.6%
Net result
-5.19m NOK +19.92m NOK
+483.6%
Equity
1.17bn NOK 1.22bn NOK
+4.2%
Cash
32.90m NOK 34.65m NOK
+5.3%
Total assets
2.60bn NOK 2.77bn NOK
+6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.07bn NOK to 1.21bn NOK (+13.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -184.17m NOK → -166.44m NOK (op. margin -17.2% → -13.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5.19m NOK to a profit of 19.92m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.17bn NOK → 1.22bn NOK (equity ratio 45.1% → 44.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 32.90m NOK → 34.65m NOK (+5.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.88m NOK → 4.29m NOK (0% → 0% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.60bn NOK → 1.64bn NOK. Reported fact