Norsk Hydro ASA: årsregnskap 2023 vs 2022
Shrank 25% on revenue, stronger earnings
approved 2024-05-07; registry 2024-06-06; journal 2024 429550
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for Norsk Hydro ASA. Revenue 219.00m NOK → 165.00m NOK (-24.7%). Net result +4.90bn NOK → +15.06bn NOK. Equity 40.31bn NOK → 48.33bn NOK.
On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for Norsk Hydro ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +4.90bn NOK → +15.06bn NOK (net margin 2235.6% → 9129.7%). Calculated
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Equity strengthened
Book equity 40.31bn NOK → 48.33bn NOK (equity ratio 38174.1% → 45062.9%). Calculated
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Owners injected capital
Paid-in equity rose 31.46bn NOK → 31.49bn NOK (+31.00m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 219.00m NOK to 165.00m NOK (-24.7% YoY). Calculated
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Operating result weakened
Operating result -665.00m NOK → -684.00m NOK (op. margin -303.7% → -414.5%). Calculated
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Cash fell
Bank deposits 21.77bn NOK → 19.34bn NOK (-11.2% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 79.07bn NOK → 79.05bn NOK. Reported fact