NORBIT ASA: årsregnskap 2023 vs 2022
Shrank 6% on revenue, stronger earnings
approved 2024-05-06; registry 2024-08-22; journal 2024 734582
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for NORBIT ASA. Revenue 31.00m NOK → 29.00m NOK (-6.5%). Net result +93.00m NOK → +202.00m NOK. Equity 529.0k NOK → 624.0k NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORBIT ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +93.00m NOK → +202.00m NOK (net margin 300.0% → 696.6%). Calculated
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↑
Equity strengthened
Book equity 529.0k NOK → 624.0k NOK (equity ratio 60.9% → 61.5%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 31.00m NOK to 29.00m NOK (-6.5% YoY). Calculated
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Operating result weakened
Operating result -40.00m NOK → -53.00m NOK (op. margin -129.0% → -182.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 39.00m NOK → 57.00m NOK (126% → 197% of revenue). Calculated
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COGS moved
COGS / varekostnad 14.55m NOK → 15.62m NOK (+7.3% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 529.0k NOK → 374.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 432.0k NOK → 6 NOK. Reported fact