MORROW BATTERIES ASA: årsregnskap 2024 vs 2023
Grew 2135% on revenue, weaker earnings
approved 2025-05-14; registry 2025-08-06; journal 2025 645729
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for MORROW BATTERIES ASA. Revenue 1.79m NOK → 40.05m NOK (+2135.2%). Net result -333.48m NOK → -423.00m NOK. Equity 2.33bn NOK → 2.37bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; 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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↑
Revenue rose
Operating income / revenue moved from 1.79m NOK to 40.05m NOK (+2135.2% YoY). Calculated
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↑
Equity strengthened
Book equity 2.33bn NOK → 2.37bn NOK (equity ratio 92.1% → 87.3%). Calculated
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↑
Cash rose
Bank deposits 525.6k NOK → 278.33m NOK (+52855.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.78×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -202.43m NOK → -260.78m NOK (op. margin -11296.0% → -651.1%). Calculated
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↓
Net result weakened
Net result -333.48m NOK → -423.00m NOK (net margin -18609.3% → -1056.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 2.70bn NOK → 2.37bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 949.0k NOK → 1.15m NOK. Reported fact