Org.nr 921 896 328 2022 → 2023 Year-over-year analysis

AXACTOR ASA: årsregnskap 2023 vs 2022

Grew 8% on revenue, stronger earnings

approved 2024-05-08; registry 2024-06-06; journal 2024 431158

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AXACTOR ASA. Revenue 11.24m NOK → 12.13m NOK (+7.9%). Net result -14.95m NOK → -9.01m NOK. Equity 355.05m NOK → 347.01m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AXACTOR ASA.

Scorecard

Revenue
11.24m NOK 12.13m NOK
+7.9%
Operating result
-4.55m NOK -3.31m NOK
+27.2%
Net result
-14.95m NOK -9.01m NOK
+39.7%
Equity
355.05m NOK 347.01m NOK
-2.3%
Cash
4.47m NOK 3.83m NOK
-14.4%
Total assets
814.27m NOK 835.8k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.24m NOK to 12.13m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4.55m NOK → -3.31m NOK (op. margin -40.5% → -27.3%). Calculated

  • ↑

    Net result improved

    Net result -14.95m NOK → -9.01m NOK (net margin -133.0% → -74.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 355.05m NOK → 347.01m NOK (equity ratio 43.6% → 41520.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.47m NOK → 3.83m NOK (-14.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 360.59m NOK → 350.19m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 761.20m NOK → 799.9k NOK. Reported fact