FirmaIQ
Org.nr 914 778 271 2021 → 2022 Year-over-year analysis

Norsk Hydro ASA: årsregnskap 2022 vs 2021

Shrank 16% on revenue, stronger earnings

approved 2023-05-10; registry 2023-06-01; journal 2023 414380

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for Norsk Hydro ASA. Revenue 261.00m NOK → 219.00m NOK (-16.1%). Net result +1.82bn NOK → +4.90bn NOK. Equity 50.48bn NOK → 40.31bn NOK.

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

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

At a glance

Scorecard

Revenue
261.00m NOK 219.00m NOK
-16.1%
Operating result
-490.00m NOK -665.00m NOK
-35.7%
Net result
+1.82bn NOK +4.90bn NOK
+169.6%
Equity
50.48bn NOK 40.31bn NOK
-20.1%
Cash
18.26bn NOK 21.77bn NOK
+19.2%
Total assets
105.43m NOK 105.60m NOK
+0.2%

What improved

  • ↑

    Net result improved

    Net result +1.82bn NOK → +4.90bn NOK (net margin 695.8% → 2235.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 18.26bn NOK → 21.77bn NOK (+19.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 31.41bn NOK → 31.46bn NOK (+51.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 261.00m NOK to 219.00m NOK (-16.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -490.00m NOK → -665.00m NOK (op. margin -187.7% → -303.7%). Calculated

  • ↓

    Equity eroded

    Book equity 50.48bn NOK → 40.31bn NOK (equity ratio 47878.7% → 38174.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 76.36bn NOK → 79.07bn NOK. Reported fact