Org.nr 920 901 336 2022 → 2023 Year-over-year analysis

LINK MOBILITY GROUP HOLDING ASA: årsregnskap 2023 vs 2022

Grew 21% on revenue, weaker earnings

approved 2024-04-26; registry 2024-08-12; journal 2024 663302

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for LINK MOBILITY GROUP HOLDING ASA. Revenue 5.19bn NOK → 6.28bn NOK (+21.0%). Net result -2.94m NOK → -49.04m NOK. Equity 7.36bn NOK → 7.39bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for LINK MOBILITY GROUP HOLDING ASA.

Scorecard

Revenue
5.19bn NOK 6.28bn NOK
+21.0%
Operating result
-5.11m NOK -7.22m NOK
-41.4%
Net result
-2.94m NOK -49.04m NOK
-1565.1%
Equity
7.36bn NOK 7.39bn NOK
+0.4%
Cash
14.79m NOK 68.42m NOK
+362.5%
Total assets
11.22bn NOK 11.42bn NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.19bn NOK to 6.28bn NOK (+21.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.36bn NOK → 7.39bn NOK (equity ratio 65.6% → 64.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.79m NOK → 68.42m NOK (+362.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5.88bn NOK → 5.96bn NOK (+81.32m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5.11m NOK → -7.22m NOK (op. margin -0.1% → -0.1%). Calculated

  • ↓

    Net result weakened

    Net result -2.94m NOK → -49.04m NOK (net margin -0.1% → -0.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 11.21bn NOK → 11.35bn NOK. Reported fact