Org.nr 994 288 962 2022 → 2023 Year-over-year analysis

INSR ASA: årsregnskap 2023 vs 2022

Grew 1415% on revenue, returned to profit, cash halved-plus

approved 2024-06-14; registry 2024-07-06; journal 2024 584507

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for INSR ASA. Revenue 3.39m NOK → 51.43m NOK (+1415.3%). Net result -40.82m NOK → +42.69m NOK. Equity 1.81m NOK → 49.91m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for INSR ASA.

Scorecard

Revenue
3.39m NOK 51.43m NOK
+1415.3%
Operating result
-9.30m NOK +49.54m NOK
+632.9%
Net result
-40.82m NOK +42.69m NOK
+204.6%
Equity
1.81m NOK 49.91m NOK
+2661.1%
Cash
24.30m NOK 5.59m NOK
-77.0%
Total assets
79.21m NOK 227.05m NOK
+186.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.39m NOK to 51.43m NOK (+1415.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -9.30m NOK → +49.54m NOK (op. margin -273.9% → 96.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 40.82m NOK to a profit of 42.69m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.81m NOK → 49.91m NOK (equity ratio 2.3% → 22.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.69bn NOK → 1.70bn NOK (+5.41m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 24.30m NOK → 5.59m NOK (-77.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (24.30m NOK → 5.59m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 228.0k NOK → 0 NOK. Reported fact