IDEX BIOMETRICS ASA: årsregnskap 2023 vs 2022
Another loss-making year
approved 2024-05-16; registry 2024-06-08; journal 2024 437984
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for IDEX BIOMETRICS ASA. Revenue 4.09m NOK → 4.14m NOK (+1.1%). Net result -31.02m NOK → -25.14m NOK. Equity 25.50m NOK → 15.92m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for IDEX BIOMETRICS ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 4.09m NOK to 4.14m NOK (+1.1% YoY). Calculated
-
↑
Operating result improved
Operating result -29.68m NOK → -25.47m NOK (op. margin -725.5% → -615.5%). Calculated
-
↑
Net result improved
Net result -31.02m NOK → -25.14m NOK (net margin -758.3% → -607.6%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 50.37m NOK → 52.93m NOK (+2.56m NOK). Reported fact
-
↑
Payroll decreased
Salary cost 2.91m NOK → 2.31m NOK (71% → 56% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 25.50m NOK → 15.92m NOK (equity ratio 76.6% → 47.2%). Calculated
-
↓
Cash fell
Bank deposits 14.24m NOK → 10.82m NOK (-24.0% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 3.24m NOK → 3.91m NOK (+20.5% YoY). Calculated