Org.nr 930 053 112 2022 → 2023 Year-over-year analysis

DOF GROUP ASA: årsregnskap 2023 vs 2022

Grew 374999900% on revenue, weaker earnings, fresh owner capital

approved 2024-05-23; registry 2024-07-08; journal 2024 534849

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for DOF GROUP ASA. Revenue 8 NOK → 30.00m NOK (+374999900.0%). Net result +854.00m NOK → +129.00m NOK. Equity 1.46bn NOK → 7.19bn NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for DOF GROUP ASA.

Scorecard

Revenue
8 NOK 30.00m NOK
+374999900.0%
Operating result
+2 NOK -24.00m NOK
-1200000100.0%
Net result
+854.00m NOK +129.00m NOK
-84.9%
Equity
1.46bn NOK 7.19bn NOK
+390.8%
Cash
203 NOK 4.00m NOK
+1970343.3%
Total assets
3.87bn NOK 8.61bn NOK
+122.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8 NOK to 30.00m NOK (+374999900.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.46bn NOK → 7.19bn NOK (equity ratio 37.8% → 83.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 203 NOK → 4.00m NOK (+1970343.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 545 NOK → 6.37bn NOK (+6.36bn NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2 NOK → -24.00m NOK (op. margin 25.0% → -80.0%). Calculated

  • ↓

    Net result weakened

    Net result +854.00m NOK → +129.00m NOK (net margin 10675000000.0% → 430.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 121880.20× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 5.00m NOK (0% → 17% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8 NOK → 6.00m NOK. Reported fact