FirmaIQ
Org.nr 915 419 062 2021 → 2022 Year-over-year analysis

OKEA ASA: årsregnskap 2022 vs 2021

Grew 71% on revenue, weaker earnings

approved 2023-05-11; registry 2023-06-20; journal 2023 479110

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for OKEA ASA. Revenue 3.88bn NOK → 6.65bn NOK (+71.4%). Net result +603.31m NOK → +669.6k NOK. Equity 1.71bn NOK → 2.08bn NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for OKEA ASA.

At a glance

Scorecard

Revenue
3.88bn NOK 6.65bn NOK
+71.4%
Operating result
+2.30bn NOK +3.53bn NOK
+53.5%
Net result
+603.31m NOK +669.6k NOK
-99.9%
Equity
1.71bn NOK 2.08bn NOK
+21.6%
Cash
2.04m NOK 1.10bn NOK
+54052.2%
Total assets
12.37bn NOK 15.62bn NOK
+26.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.88bn NOK to 6.65bn NOK (+71.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.30bn NOK → +3.53bn NOK (op. margin 59.2% → 53.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.71bn NOK → 2.08bn NOK (equity ratio 13.8% → 13.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.04m NOK → 1.10bn NOK (+54052.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +603.31m NOK → +669.6k NOK (net margin 15.5% → 0.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.96bn NOK → 1.66bn NOK — check capital reduction, conversion, or reclassification. Interpretation