Org.nr 920 153 577 2022 → 2023 Year-over-year analysis

ELMERA GROUP ASA: årsregnskap 2023 vs 2022

Grew 158% on revenue, weaker earnings

approved 2024-04-24; registry 2024-06-10; journal 2024 444223

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ELMERA GROUP ASA. Revenue 86.50m NOK → 223.37m NOK (+158.2%). Net result +112.36m NOK → +376.0k NOK. Equity 1.64bn NOK → 1.79bn NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

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

Scorecard

Revenue
86.50m NOK 223.37m NOK
+158.2%
Operating result
-45.49m NOK -115.39m NOK
-153.7%
Net result
+112.36m NOK +376.0k NOK
-99.7%
Equity
1.64bn NOK 1.79bn NOK
+8.6%
Cash
222.3k NOK 127.2k NOK
-42.8%
Total assets
3.57bn NOK 3.33bn NOK
-6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.50m NOK to 223.37m NOK (+158.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.64bn NOK → 1.79bn NOK (equity ratio 46.0% → 53.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.60bn NOK → 1.60bn NOK (+11.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -45.49m NOK → -115.39m NOK (op. margin -52.6% → -51.7%). Calculated

  • ↓

    Net result weakened

    Net result +112.36m NOK → +376.0k NOK (net margin 129.9% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 222.3k NOK → 127.2k NOK (-42.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.29bn NOK → 2.30bn NOK. Reported fact