NEL ASA: årsregnskap 2023 vs 2022
Shrank 11% on revenue, stronger earnings, fresh owner capital
approved 2024-04-23; registry 2024-07-09; journal 2024 537771
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for NEL ASA. Revenue 89.95m NOK → 79.77m NOK (-11.3%). Net result -1.45bn NOK → -6.95m NOK. Equity 6.04bn NOK → 7.62bn NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NEL ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -1.45bn NOK → -6.95m NOK (net margin -1614.2% → -8.7%). Calculated
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Equity strengthened
Book equity 6.04bn NOK → 7.62bn NOK (equity ratio 98.6% → 97.9%). Calculated
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Cash rose
Bank deposits 2.93bn NOK → 3.20bn NOK (+9.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 7.47bn NOK → 9.06bn NOK (+1.59bn NOK). Reported fact
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Payroll decreased
Salary cost 69.07m NOK → 67.54m NOK (77% → 85% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 89.95m NOK to 79.77m NOK (-11.3% YoY). Calculated
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Operating result weakened
Operating result -39.84m NOK → -44.29m NOK (op. margin -44.3% → -55.5%). Calculated
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COGS moved
COGS / varekostnad 4.58m NOK → 4.86m NOK (+5.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2.95bn NOK → 4.36bn NOK. Reported fact