Org.nr 985 459 614 2022 → 2023 Year-over-year analysis

HÖEGH AUTOLINERS ASA: årsregnskap 2023 vs 2022

Grew 113735% on revenue, stronger earnings

approved 2024-05-27; registry 2024-06-10; journal 2024 456414

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for HÖEGH AUTOLINERS ASA. Revenue 1.27m NOK → 1.45bn NOK (+113735.5%). Net result +15.39m NOK → +32.62m NOK. Equity 1.40bn NOK → 876.21m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
1.27m NOK 1.45bn NOK
+113735.5%
Operating result
-1.60m NOK -1.86m NOK
-16.6%
Net result
+15.39m NOK +32.62m NOK
+112.0%
Equity
1.40bn NOK 876.21m NOK
-37.4%
Cash
111.37m NOK 65.39m NOK
-41.3%
Total assets
1.92bn NOK 1.62bn NOK
-15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.27m NOK to 1.45bn NOK (+113735.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +15.39m NOK → +32.62m NOK (net margin 1211.3% → 2.3%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.60m NOK → -1.86m NOK (op. margin -125.8% → -0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.40bn NOK → 876.21m NOK (equity ratio 72.9% → 54.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 111.37m NOK → 65.39m NOK (-41.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.77bn NOK → 1.53bn NOK. Reported fact