HYDROGENPRO ASA: årsregnskap 2022 vs 2021
Grew 183% on revenue, weaker earnings
approved 2023-05-24; registry 2023-08-12; journal 2023 671834
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for HYDROGENPRO ASA. Revenue 19.94m NOK → 56.35m NOK (+182.7%). Net result -47.59m NOK → -82.47m NOK. Equity 5.52bn NOK → 444.66m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for HYDROGENPRO ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 19.94m NOK to 56.35m NOK (+182.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -51.10m NOK → -89.75m NOK (op. margin -256.3% → -159.3%). Calculated
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↓
Net result weakened
Net result -47.59m NOK → -82.47m NOK (net margin -238.7% → -146.3%). Calculated
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↓
Equity eroded
Book equity 5.52bn NOK → 444.66m NOK (equity ratio 1035.2% → 81548.4%). Calculated
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↓
Cash fell
Bank deposits 380.69m NOK → 247.63m NOK (-35.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 603.00m NOK → 610.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 115.18m NOK → 164.5k NOK. Reported fact