Org.nr 990 646 066 2022 → 2023 Year-over-year analysis

NYKODE THERAPEUTICS ASA: årsregnskap 2023 vs 2022

Grew 48% on revenue, fresh owner capital

approved 2024-04-18; registry 2024-08-12; journal 2024 656914

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for NYKODE THERAPEUTICS ASA. Revenue 9.03m NOK → 13.36m NOK (+48.0%). Net result -41.68m NOK → -33.39m NOK. Equity 158.83m NOK → 174.8k NOK.

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

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for NYKODE THERAPEUTICS ASA.

Scorecard

Revenue
9.03m NOK 13.36m NOK
+48.0%
Operating result
-52.15m NOK -56.48m NOK
-8.3%
Net result
-41.68m NOK -33.39m NOK
+19.9%
Equity
158.83m NOK 174.8k NOK
-99.9%
Cash
205.70m NOK 161.54m NOK
-21.5%
Total assets
223.71m NOK 210.35m NOK
-6.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.03m NOK to 13.36m NOK (+48.0% YoY). Calculated

  • ↑

    Net result improved

    Net result -41.68m NOK → -33.39m NOK (net margin -461.6% → -249.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 83.66m NOK → 141.63m NOK (+57.98m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -52.15m NOK → -56.48m NOK (op. margin -577.6% → -422.7%). Calculated

  • ↓

    Equity eroded

    Book equity 158.83m NOK → 174.8k NOK (equity ratio 71.0% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 205.70m NOK → 161.54m NOK (-21.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 11.77m NOK → 18.33m NOK (130% → 137% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 83.0k NOK → 4.32m NOK. Reported fact