Org.nr 965 662 952 2022 → 2023 Year-over-year analysis

NASDAQ OSLO ASA: årsregnskap 2023 vs 2022

Grew 23% on revenue, stronger earnings, cash halved-plus

approved 2024-05-22; registry 2024-07-03; journal 2024 568167

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for NASDAQ OSLO ASA. Revenue 92.01m NOK → 112.85m NOK (+22.6%). Net result +4.04m NOK → +20.21m NOK. Equity 85.69m NOK → 12.11bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for NASDAQ OSLO ASA.

Scorecard

Revenue
92.01m NOK 112.85m NOK
+22.6%
Operating result
+3.58m NOK +21.65m NOK
+504.8%
Net result
+4.04m NOK +20.21m NOK
+400.4%
Equity
85.69m NOK 12.11bn NOK
+14026.7%
Cash
109.70m NOK 122.4k NOK
-99.9%
Total assets
118.40m NOK 132.0k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 92.01m NOK to 112.85m NOK (+22.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.58m NOK → +21.65m NOK (op. margin 3.9% → 19.2%). Calculated

  • ↑

    Net result improved

    Net result +4.04m NOK → +20.21m NOK (net margin 4.4% → 17.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 85.69m NOK → 12.11bn NOK (equity ratio 72.4% → 9172390.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 109.70m NOK → 122.4k NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.60× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (109.70m NOK → 122.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation