Org.nr 980 250 547 2021 → 2022 Year-over-year analysis

ITERA ASA: årsregnskap 2022 vs 2021

Grew 17% on revenue

approved 2023-05-24; registry 2023-06-14; journal 2023 453928

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ITERA ASA. Revenue 46.40m NOK → 54.18m NOK (+16.8%). Net result +44.00m NOK → +45.87m NOK. Equity 69.03m NOK → 64.03m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.

Scorecard

Revenue
46.40m NOK 54.18m NOK
+16.8%
Operating result
-2.80m NOK -6.80m NOK
-142.5%
Net result
+44.00m NOK +45.87m NOK
+4.3%
Equity
69.03m NOK 64.03m NOK
-7.2%
Cash
23.25m NOK 19.98m NOK
-14.1%
Total assets
153.02m NOK 152.23m NOK
-0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 46.40m NOK to 54.18m NOK (+16.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 31.33m NOK → 37.40m NOK (+6.07m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.80m NOK → -6.80m NOK (op. margin -6.0% → -12.6%). Calculated

  • ↓

    Equity eroded

    Book equity 69.03m NOK → 64.03m NOK (equity ratio 45.1% → 42.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 23.25m NOK → 19.98m NOK (-14.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 63.12m NOK → 51.69m NOK (-18.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 116.0k NOK → 116.04m NOK. Reported fact