FirmaIQ
Org.nr 984 648 820 2021 → 2022 Year-over-year analysis

NORDA ASA: årsregnskap 2022 vs 2021

Shrank 8% on revenue, stronger earnings, cash halved-plus

approved 2023-10-31; registry 2023-11-16; journal 2023 737399

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for NORDA ASA. Revenue 139.32m NOK → 127.97m NOK (-8.1%). Net result +82.14m NOK → +100.24m NOK. Equity 4.23bn NOK → 5.33bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORDA ASA.

At a glance

Scorecard

Revenue
139.32m NOK 127.97m NOK
-8.1%
Operating result
+86.70m NOK +108.44m NOK
+25.1%
Net result
+82.14m NOK +100.24m NOK
+22.0%
Equity
4.23bn NOK 5.33bn NOK
+26.0%
Cash
5.80m NOK 2.81m NOK
-51.5%
Total assets
727.97m NOK 691.96m NOK
-4.9%

What improved

  • ↑

    Operating result improved

    Operating result +86.70m NOK → +108.44m NOK (op. margin 62.2% → 84.7%). Calculated

  • ↑

    Net result improved

    Net result +82.14m NOK → +100.24m NOK (net margin 59.0% → 78.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.23bn NOK → 5.33bn NOK (equity ratio 581.1% → 770.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 139.32m NOK to 127.97m NOK (-8.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 5.80m NOK → 2.81m NOK (-51.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 23.52m NOK → 23.52m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 72.15m NOK → 74.91m NOK. Reported fact