Org.nr 982 904 420 2022 → 2023 Year-over-year analysis

NEXT BIOMETRICS GROUP ASA: årsregnskap 2023 vs 2022

Shrank 6% on revenue, weaker earnings, fresh owner capital

approved 2024-04-23; registry 2024-06-17; journal 2024 470824

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for NEXT BIOMETRICS GROUP ASA. Revenue 9.50m NOK → 8.92m NOK (-6.1%). Net result -10.05m NOK → -18.16m NOK. Equity 259.82m NOK → 307.92m 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 NEXT BIOMETRICS GROUP ASA.

Scorecard

Revenue
9.50m NOK 8.92m NOK
-6.1%
Operating result
-12.07m NOK -20.09m NOK
-66.5%
Net result
-10.05m NOK -18.16m NOK
-80.8%
Equity
259.82m NOK 307.92m NOK
+18.5%
Cash
38.18m NOK 40.18m NOK
+5.2%
Total assets
268.05m NOK 318.49m NOK
+18.8%

What improved

  • ↑

    Equity strengthened

    Book equity 259.82m NOK → 307.92m NOK (equity ratio 96.9% → 96.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.18m NOK → 40.18m NOK (+5.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 209.71m NOK → 267.86m NOK (+58.14m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.50m NOK to 8.92m NOK (-6.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -12.07m NOK → -20.09m NOK (op. margin -127.0% → -225.2%). Calculated

  • ↓

    Net result weakened

    Net result -10.05m NOK → -18.16m NOK (net margin -105.7% → -203.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 13.75m NOK → 21.06m NOK (145% → 236% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 224.40m NOK → 272.75m NOK. Reported fact