Org.nr 914 483 549 2021 → 2022 Year-over-year analysis

NORSKE SKOG ASA: årsregnskap 2022 vs 2021

Returned to profit

approved 2023-04-20; registry 2023-06-20; journal 2023 482519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for NORSKE SKOG ASA. Revenue 95.00m NOK → 97.00m NOK (+2.1%). Net result -80.00m NOK → +708.00m NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for NORSKE SKOG ASA.

Scorecard

Revenue
95.00m NOK 97.00m NOK
+2.1%
Operating result
-49.00m NOK -199.00m NOK
-306.1%
Net result
-80.00m NOK +708.00m NOK
+985.0%
Equity
n/m 4.12bn NOK
—
Cash
1.27m NOK 2.01bn NOK
+158121.9%
Total assets
6.30bn NOK 7.68bn NOK
+21.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 95.00m NOK to 97.00m NOK (+2.1% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 80.00m NOK to a profit of 708.00m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 2.01bn NOK (+158121.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -49.00m NOK → -199.00m NOK (op. margin -51.6% → -205.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 82.00m NOK → 4.22bn NOK (86% → 4348% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 6.05bn NOK → 7.94bn NOK (+31.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.75bn NOK → 4.85bn NOK. Reported fact