Org.nr 910 686 909 2021 → 2022 Year-over-year analysis

NRC GROUP ASA: årsregnskap 2022 vs 2021

Shrank 6% on revenue, returned to profit

approved 2023-05-04; registry 2023-06-20; journal 2023 464207

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for NRC GROUP ASA. Revenue 16.00m NOK → 15.00m NOK (-6.2%). Net result -17.00m NOK → +13.00m NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; cogs moved.

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

At a glance

Revenue

16.00m NOK 15.00m NOK

-6.2%

Operating result

-38.00m NOK -36.00m NOK

+5.3%

Net result

-17.00m NOK +13.00m NOK

+176.5%

Equity

2.29bn NOK n/m

—

Cash

620.0k NOK 449.00m NOK

+72319.4%

Total assets

4.45bn NOK 4.42bn NOK

-0.7%

↑
Operating result improved

Operating result -38.00m NOK → -36.00m NOK (op. margin -237.5% → -240.0%). Calculated
↑
Turned profitable

Net result flipped from a loss of 17.00m NOK to a profit of 13.00m NOK. Calculated
↑
Cash rose

Bank deposits 620.0k NOK → 449.00m NOK (+72319.4% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 2.29bn NOK → 2.30bn NOK (+10.00m NOK). Reported fact
↑
Payroll decreased

Salary cost 36.00m NOK → 31.00m NOK (225% → 207% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 16.00m NOK to 15.00m NOK (-6.2% YoY). Calculated
↓
COGS moved

COGS / varekostnad 3.26bn NOK → 4.35bn NOK (+33.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 2.03bn NOK → 1.98bn NOK. Reported fact