Org.nr 974 442 167 2022 → 2023 Year-over-year analysis

BOUVET ASA: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-23; registry 2024-07-30; journal 2024 599382

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for BOUVET ASA. Revenue 436 NOK → 451 NOK (+3.4%). Net result +376.8k NOK → +356.63m NOK. Equity 175.4k NOK → 196.1k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for BOUVET ASA.

Scorecard

Revenue
436 NOK 451 NOK
+3.4%
Operating result
-4.76m NOK -5.07m NOK
-6.5%
Net result
+376.8k NOK +356.63m NOK
+94542.5%
Equity
175.4k NOK 196.1k NOK
+11.8%
Cash
17.90m NOK 9.10m NOK
-49.2%
Total assets
594.2k NOK 595.8k NOK
+0.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 436 NOK to 451 NOK (+3.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +376.8k NOK → +356.63m NOK (net margin 86426.8% → 79076053.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 175.4k NOK → 196.1k NOK (equity ratio 29.5% → 32.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4.76m NOK → -5.07m NOK (op. margin -1092660.6% → -1125055.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.90m NOK → 9.10m NOK (-49.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 10.55m NOK → 10.54m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.33m NOK → 4.35m NOK (-18.4% YoY). Calculated