Org.nr 943 753 709 2022 → 2023 Year-over-year analysis

KONGSBERG GRUPPEN ASA: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

approved 2024-05-07; registry 2024-08-07; journal 2024 631992

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for KONGSBERG GRUPPEN ASA. Revenue 201.00m NOK → 238.0k NOK (-99.9%). Net result +257.00m NOK → +1.59m NOK. Equity 7.08bn NOK → 5.98bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for KONGSBERG GRUPPEN ASA.

Scorecard

Revenue
201.00m NOK 238.0k NOK
-99.9%
Operating result
-91.00m NOK -90.00m NOK
+1.1%
Net result
+257.00m NOK +1.59m NOK
-99.4%
Equity
7.08bn NOK 5.98bn NOK
-15.5%
Cash
2.46bn NOK 4.51bn NOK
+83.2%
Total assets
15.91bn NOK 20.15bn NOK
+26.6%

What improved

  • ↑

    Operating result improved

    Operating result -91.00m NOK → -90.00m NOK (op. margin -45.3% → -37815.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.46bn NOK → 4.51bn NOK (+83.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 201.00m NOK to 238.0k NOK (-99.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +257.00m NOK → +1.59m NOK (net margin 127.9% → 668.1%). Calculated

  • ↓

    Equity eroded

    Book equity 7.08bn NOK → 5.98bn NOK (equity ratio 44.5% → 29.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.15m NOK → 151.00m NOK (3% → 63445% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 11.21bn NOK → 15.33bn NOK (+36.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.10bn NOK → 5.10bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 11.00m NOK → 11.39bn NOK. Reported fact