MAGNORA ASA: årsregnskap 2022 vs 2021
Grew 233% on revenue, returned to profit
approved 2023-03-20; registry 2023-08-14; journal 2023 676453
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for MAGNORA ASA. Revenue 30.00m NOK → 100.00m NOK (+233.3%). Net result -30.00m NOK → +71.00m NOK. Equity 211.0k NOK → 482.0k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for MAGNORA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.00m NOK to 100.00m NOK (+233.3% YoY). Calculated
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↑
Operating result improved
Operating result -17.00m NOK → +60.00m NOK (op. margin -56.7% → 60.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 30.00m NOK to a profit of 71.00m NOK. Calculated
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Equity strengthened
Book equity 211.0k NOK → 482.0k NOK (equity ratio 92.5% → 85.3%). Calculated
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↑
Cash rose
Bank deposits 94.00m NOK → 167.00m NOK (+77.7% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 6.05× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 20.00m NOK → 25.00m NOK (67% → 25% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 90.00m NOK → 296.00m NOK. Reported fact