HYDROGENPRO ASA: årsregnskap 2024 vs 2023
Shrank 69% on revenue, weaker earnings, cash halved-plus
approved 2025-03-27; registry 2025-06-04; journal 2025 516566
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for HYDROGENPRO ASA. Revenue 612.74m NOK → 191.59m NOK (-68.7%). Net result -49.74m NOK → -146.92m NOK. Equity 496.5k NOK → 437.79m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; 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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↑
Equity strengthened
Book equity 496.5k NOK → 437.79m NOK (equity ratio 75.1% → 72.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 731.6k NOK → 819.9k NOK (+88.3k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 612.74m NOK to 191.59m NOK (-68.7% YoY). Calculated
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↓
Operating result weakened
Operating result -46.63m NOK → -175.43m NOK (op. margin -7.6% → -91.6%). Calculated
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↓
Net result weakened
Net result -49.74m NOK → -146.92m NOK (net margin -8.1% → -76.7%). Calculated
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↓
Cash fell
Bank deposits 146.91m NOK → 156.8k NOK (-99.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (146.91m NOK → 156.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 495.83m NOK → 20.20m NOK (-95.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 198.7k NOK → 250.6k NOK. Reported fact