Org.nr 992 718 196 2021 → 2022 Year-over-year analysis

NORBIT ASA: årsregnskap 2022 vs 2021

Grew 24% on revenue, stronger earnings, fresh owner capital

approved 2023-03-29; registry 2023-07-01; journal 2023 524773

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for NORBIT ASA. Revenue 25.00m NOK → 31.00m NOK (+24.0%). Net result +33.00m NOK → +93.00m NOK. Equity 467.0k NOK → 529.0k NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for NORBIT ASA.

Scorecard

Revenue
25.00m NOK 31.00m NOK
+24.0%
Operating result
-34.00m NOK -40.00m NOK
-17.6%
Net result
+33.00m NOK +93.00m NOK
+181.8%
Equity
467.0k NOK 529.0k NOK
+13.3%
Cash
1.00m NOK 1.00m NOK
0.0%
Total assets
649.0k NOK 869.0k NOK
+33.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.00m NOK to 31.00m NOK (+24.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +33.00m NOK → +93.00m NOK (net margin 132.0% → 300.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 467.0k NOK → 529.0k NOK (equity ratio 72.0% → 60.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 315.0k NOK → 529.0k NOK (+214.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -34.00m NOK → -40.00m NOK (op. margin -136.0% → -129.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 27.00m NOK → 39.00m NOK (108% → 126% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.36m NOK → 14.55m NOK (+1.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 355.0k NOK → 432.0k NOK. Reported fact