FirmaIQ
Org.nr 986 942 033 2022 → 2023 Year-over-year analysis

APPEAR ASA: årsregnskap 2023 vs 2022

Grew 30% on revenue, returned to profit

approved 2024-06-17; registry 2024-07-13; journal 2024 549671

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for APPEAR ASA. Revenue 322.01m NOK → 417.95m NOK (+29.8%). Net result -18.09m NOK → +30.66m NOK. Equity 16.16bn NOK → 194.44m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
322.01m NOK 417.95m NOK
+29.8%
Operating result
-26.09m NOK +30.56m NOK
+217.1%
Net result
-18.09m NOK +30.66m NOK
+269.5%
Equity
16.16bn NOK 194.44m NOK
-98.8%
Cash
15.84m NOK 71.40m NOK
+350.7%
Total assets
249.82m NOK 283.84m NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 322.01m NOK to 417.95m NOK (+29.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -26.09m NOK → +30.56m NOK (op. margin -8.1% → 7.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 18.09m NOK to a profit of 30.66m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 15.84m NOK → 71.40m NOK (+350.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 15.44m NOK → 15.80m NOK (+361.9k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 16.16bn NOK → 194.44m NOK (equity ratio 6470.3% → 68.5%). Calculated