IDEX BIOMETRICS ASA: årsregnskap 2022 vs 2021
Grew 44% on revenue, stronger earnings, cash halved-plus
approved 2023-05-23; registry 2023-07-22; journal 2023 595724
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for IDEX BIOMETRICS ASA. Revenue 2.84m NOK → 4.09m NOK (+44.0%). Net result -38.89m NOK → -31.02m NOK. Equity 39.43m NOK → 25.50m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for IDEX BIOMETRICS ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.84m NOK to 4.09m NOK (+44.0% YoY). Calculated
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Operating result improved
Operating result -37.73m NOK → -29.68m NOK (op. margin -1328.7% → -725.5%). Calculated
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Net result improved
Net result -38.89m NOK → -31.02m NOK (net margin -1369.3% → -758.3%). Calculated
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Payroll decreased
Salary cost 4.04m NOK → 2.91m NOK (142% → 71% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 39.43m NOK → 25.50m NOK (equity ratio 88.0% → 76.6%). Calculated
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↓
Cash fell
Bank deposits 30.30m NOK → 14.24m NOK (-53.0% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 254.0k NOK → 3.24m NOK (+1177.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.76m NOK → 1.76m NOK. Reported fact