Org.nr 921 526 121 2022 → 2023 Year-over-year analysis

DNO ASA: årsregnskap 2023 vs 2022

Shrank 9% on revenue, stronger earnings, fresh owner capital

approved 2024-06-06; registry 2024-07-01; journal 2024 528726

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for DNO ASA. Revenue 27.45m NOK → 25.03m NOK (-8.8%). Net result +385.0k NOK → +19.00m NOK. Equity 11.64m NOK → 11.59m NOK.

On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for DNO ASA.

Scorecard

Revenue
27.45m NOK 25.03m NOK
-8.8%
Operating result
-12.83m NOK -18.42m NOK
-43.5%
Net result
+385.0k NOK +19.00m NOK
+4835.1%
Equity
11.64m NOK 11.59m NOK
-0.5%
Cash
641.0k NOK 461.16m NOK
+71843.4%
Total assets
1.29bn NOK 1.16bn NOK
-10.0%

What improved

  • ↑

    Net result improved

    Net result +385.0k NOK → +19.00m NOK (net margin 1.4% → 75.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 641.0k NOK → 461.16m NOK (+71843.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 2.70×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 377.5k NOK → 376.48m NOK (+376.10m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.45m NOK to 25.03m NOK (-8.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -12.83m NOK → -18.42m NOK (op. margin -46.8% → -73.6%). Calculated

  • ↓

    Equity eroded

    Book equity 11.64m NOK → 11.59m NOK (equity ratio 0.9% → 1.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 629.68m NOK → 682.2k NOK. Reported fact