MORROW BATTERIES ASA: årsregnskap 2023 vs 2022
Shrank 97% on revenue, weaker earnings, fresh owner capital
approved 2024-05-08; registry 2024-06-08; journal 2024 438861
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for MORROW BATTERIES ASA. Revenue 54.87m NOK → 1.79m NOK (-96.7%). Net result -74.75m NOK → -333.48m NOK. Equity 1.16m NOK → 2.33bn NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MORROW BATTERIES ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.16m NOK → 2.33bn NOK (equity ratio 92.4% → 92.1%). Calculated
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↑
Cash rose
Bank deposits 339.9k NOK → 525.6k NOK (+54.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.28m NOK → 2.70bn NOK (+2.70bn NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 54.87m NOK to 1.79m NOK (-96.7% YoY). Calculated
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↓
Operating result weakened
Operating result -119.87m NOK → -202.43m NOK (op. margin -218.5% → -11296.0%). Calculated
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↓
Net result weakened
Net result -74.75m NOK → -333.48m NOK (net margin -136.2% → -18609.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 363.43m NOK → 949.0k NOK. Reported fact