NORSKE SKOG ASA: årsregnskap 2023 vs 2022
Grew 20% on revenue, weaker earnings
approved 2024-04-11; registry 2024-08-02; journal 2024 606534
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for NORSKE SKOG ASA. Revenue 97.00m NOK → 116.00m NOK (+19.6%). Net result +708.00m NOK → +851.0k NOK. Equity 4.12bn NOK → 4.49bn NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORSKE SKOG ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 97.00m NOK to 116.00m NOK (+19.6% YoY). Calculated
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Operating result improved
Operating result -199.00m NOK → -77.00m NOK (op. margin -205.2% → -66.4%). Calculated
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↑
Equity strengthened
Book equity 4.12bn NOK → 4.49bn NOK (equity ratio 53.6% → 55.9%). Calculated
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Payroll decreased
Salary cost 4.22bn NOK → 97.00m NOK (4348% → 84% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +708.00m NOK → +851.0k NOK (net margin 729.9% → 0.7%). Calculated
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↓
Cash fell
Bank deposits 2.01bn NOK → 1.64bn NOK (-18.3% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 4.04bn NOK → 4.00bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 4.85bn NOK → 5.25bn NOK. Reported fact