BLUENORD ASA: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-29; journal 2023 619261
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for BLUENORD ASA. Revenue 2.00m NOK → 2.00m NOK (0.0%). Net result -30.00m NOK → -83.00m NOK. Equity 8.42m NOK → 379.00m NOK.
On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BLUENORD ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 8.42m NOK → 379.00m NOK (equity ratio 1.1% → 49.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -5.00m NOK → -6.00m NOK (op. margin -250.0% → -300.0%). Calculated
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↓
Net result weakened
Net result -30.00m NOK → -83.00m NOK (net margin -1500.0% → -4150.0%). Calculated
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↓
Cash fell
Bank deposits 18.00m NOK → 6.00m NOK (-66.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (18.00m NOK → 6.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 737.00m NOK → 770.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 758.0k NOK → 766.0k NOK. Reported fact