BLUENORD ASA: årsregnskap 2023 vs 2022
Grew 100% on revenue, stronger earnings, cash halved-plus
approved 2024-07-01; registry 2024-08-06; journal 2024 626006
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for BLUENORD ASA. Revenue 2.00m NOK → 4.00m NOK (+100.0%). Net result -83.00m NOK → -11.00m NOK. Equity 379.00m NOK → 389.0k NOK.
On the constructive side: revenue rose; net result improved; owners injected capital. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: operating result unchanged; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for BLUENORD ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.00m NOK to 4.00m NOK (+100.0% YoY). Calculated
-
↑
Net result improved
Net result -83.00m NOK → -11.00m NOK (net margin -4150.0% → -275.0%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 770.0k NOK → 785.0k NOK (+15.0k NOK). Reported fact
What deteriorated
-
↓
Equity eroded
Book equity 379.00m NOK → 389.0k NOK (equity ratio 49.1% → 48.4%). Calculated
-
↓
Cash fell
Bank deposits 6.00m NOK → 1.00m NOK (-83.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.00× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Operating result unchanged
Operating result -6.00m NOK → -6.00m NOK (op. margin -300.0% → -150.0%). Calculated
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.00m NOK → 1.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 766.0k NOK → 803.0k NOK. Reported fact