FirmaIQ
Org.nr 926 645 986 2021 → 2022 Year-over-year analysis

NORSE ATLANTIC ASA: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-04-20; registry 2023-08-02; journal 2023 637623

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for NORSE ATLANTIC ASA. Revenue 0 NOK → 14.4k NOK. Net result -407.0k NOK → -16.94m NOK. Equity 163.17m NOK → 175.2k NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORSE ATLANTIC ASA.

At a glance

Scorecard

Revenue
0 NOK 14.4k NOK
—
Operating result
-1 235 NOK -12.14m NOK
-983138.9%
Net result
-407.0k NOK -16.94m NOK
-4062.9%
Equity
163.17m NOK 175.2k NOK
-99.9%
Cash
105.8k NOK 29.76m NOK
+28027.4%
Total assets
276.95m NOK 1.17m NOK
-99.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 14.4k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 105.8k NOK → 29.76m NOK (+28027.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 163.6k NOK → 192.5k NOK (+28.9k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1 235 NOK → -12.14m NOK. Calculated

  • ↓

    Net result weakened

    Net result -407.0k NOK → -16.94m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 163.17m NOK → 175.2k NOK (equity ratio 58.9% → 15.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 35.1k NOK → 60.38m NOK. Reported fact