Org.nr 917 850 984 2022 → 2023 Year-over-year analysis

NÆRINGSBANKEN ASA: årsregnskap 2023 vs 2022

Shrank 100% on revenue, stronger earnings, fresh owner capital

approved 2024-04-25; registry 2024-07-30; journal 2024 685994

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for NÆRINGSBANKEN ASA. Revenue 154.12m NOK → 311.1k NOK (-99.8%). Net result +34.82m NOK → +149.53m NOK. Equity 727.9k NOK → 855.4k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NÆRINGSBANKEN ASA.

Scorecard

Revenue
154.12m NOK 311.1k NOK
-99.8%
Operating result
+45.63m NOK +93.31m NOK
+104.5%
Net result
+34.82m NOK +149.53m NOK
+329.4%
Equity
727.9k NOK 855.4k NOK
+17.5%
Cash
346.1k NOK 305.19m NOK
+88089.2%
Total assets
4.74bn NOK 4.08bn NOK
-14.1%

What improved

  • ↑

    Operating result improved

    Operating result +45.63m NOK → +93.31m NOK (op. margin 29.6% → 29995.2%). Calculated

  • ↑

    Net result improved

    Net result +34.82m NOK → +149.53m NOK (net margin 22.6% → 48068.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 727.9k NOK → 855.4k NOK (equity ratio 0.0% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 346.1k NOK → 305.19m NOK (+88089.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 249.81×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 154.12m NOK to 311.1k NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 13.81m NOK → 26.89m NOK. Reported fact