FirmaIQ
Org.nr 980 250 547 2022 → 2023 Year-over-year analysis

ITERA ASA: årsregnskap 2023 vs 2022

Grew 14% on revenue, stronger earnings

approved 2024-05-22; registry 2024-06-08; journal 2024 436154

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ITERA ASA. Revenue 54.18m NOK → 61.51m NOK (+13.5%). Net result +45.87m NOK → +63.52m NOK. Equity 64.03m NOK → 60.28m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ITERA ASA.

At a glance

Scorecard

Revenue
54.18m NOK 61.51m NOK
+13.5%
Operating result
-6.80m NOK -6.84m NOK
-0.6%
Net result
+45.87m NOK +63.52m NOK
+38.5%
Equity
64.03m NOK 60.28m NOK
-5.9%
Cash
19.98m NOK 29.22m NOK
+46.2%
Total assets
152.23m NOK 163.8k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.18m NOK to 61.51m NOK (+13.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +45.87m NOK → +63.52m NOK (net margin 84.7% → 103.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.98m NOK → 29.22m NOK (+46.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 37.40m NOK → 43.79m NOK (+6.39m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6.80m NOK → -6.84m NOK (op. margin -12.6% → -11.1%). Calculated

  • ↓

    Equity eroded

    Book equity 64.03m NOK → 60.28m NOK (equity ratio 42.1% → 36792.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 51.69m NOK → 57.90m NOK (+12.0% YoY). Calculated