NORMARK IO AS: årsregnskap 2023 vs 2022
Shrank 24% on revenue, slipped into loss, cash halved-plus
registry 2024-06-24; journal 2024 535546
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for NORMARK IO AS. Revenue 1.20m NOK → 904.7k NOK (-24.3%). Net result +199.7k NOK → -22.6k NOK. Equity 613.6k NOK → 591.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for NORMARK IO AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 903.2k NOK → 870.9k NOK (76% → 96% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.20m NOK to 904.7k NOK (-24.3% YoY). Calculated
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↓
Operating result weakened
Operating result +260.3k NOK → -8 082 NOK (op. margin 21.8% → -0.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 199.7k NOK profit to a loss of 22.6k NOK. Calculated
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↓
Equity eroded
Book equity 613.6k NOK → 591.0k NOK (equity ratio 1021.6% → 49.2%). Calculated
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↓
Cash fell
Bank deposits 296.6k NOK → 135.1k NOK (-54.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 557.0k NOK → 672.8k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact