NORMARK IO AS: årsregnskap 2022 vs 2021
Shrank 6% on revenue, weaker earnings
registry 2023-05-13; journal 2023 393129
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for NORMARK IO AS. Revenue 1.28m NOK → 1.20m NOK (-6.3%). Net result +352.1k NOK → +199.7k NOK. Equity 641.4k NOK → 613.6k NOK.
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 NORMARK IO AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.28m NOK to 1.20m NOK (-6.3% YoY). Calculated
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Operating result weakened
Operating result +352.1k NOK → +260.3k NOK (op. margin 27.6% → 21.8%). Calculated
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Net result weakened
Net result +352.1k NOK → +199.7k NOK (net margin 27.6% → 16.7%). Calculated
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Equity eroded
Book equity 641.4k NOK → 613.6k NOK (equity ratio 66.9% → 1021.6%). Calculated
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Cash fell
Bank deposits 421.5k NOK → 296.6k NOK (-29.6% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 433.0k NOK → 557.0k NOK. Reported fact