HAV GROUP ASA: årsregnskap 2023 vs 2022
Shrank 7% on revenue, weaker earnings, fresh owner capital
approved 2024-05-29; registry 2024-06-27; journal 2024 521563
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for HAV GROUP ASA. Revenue 28.82m NOK → 26.89m NOK (-6.7%). Net result +123.72m NOK → +44.28m NOK. Equity 229.0k NOK → 256.0k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for HAV GROUP ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 229.0k NOK → 256.0k NOK (equity ratio 60.6% → 62.6%). Calculated
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↑
Cash rose
Bank deposits 6.41m NOK → 36.28m NOK (+466.4% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 120.6k NOK → 118.86m NOK (+118.74m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 28.82m NOK to 26.89m NOK (-6.7% YoY). Calculated
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↓
Operating result weakened
Operating result -10.52m NOK → -19.25m NOK (op. margin -36.5% → -71.6%). Calculated
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↓
Net result weakened
Net result +123.72m NOK → +44.28m NOK (net margin 429.2% → 164.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 19.04m NOK → 26.81m NOK (66% → 100% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 392.15m NOK → 367.78m NOK (-6.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 209.8k NOK → 0 NOK. Reported fact