HYDROGENPRO ASA: årsregnskap 2023 vs 2022
Grew 987% on revenue, stronger earnings
approved 2024-04-23; registry 2024-09-02; journal 2024 736437
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for HYDROGENPRO ASA. Revenue 56.35m NOK → 612.74m NOK (+987.3%). Net result -82.47m NOK → -49.74m NOK. Equity 444.66m NOK → 496.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: 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 56.35m NOK to 612.74m NOK (+987.3% YoY). Calculated
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Operating result improved
Operating result -89.75m NOK → -46.63m NOK (op. margin -159.3% → -7.6%). Calculated
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Net result improved
Net result -82.47m NOK → -49.74m NOK (net margin -146.3% → -8.1%). Calculated
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Owners injected capital
Paid-in equity rose 610.4k NOK → 731.6k NOK (+121.3k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 444.66m NOK → 496.5k NOK (equity ratio 81548.4% → 75.1%). Calculated
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Cash fell
Bank deposits 247.63m NOK → 146.91m NOK (-40.7% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 164.5k NOK → 198.7k NOK. Reported fact