ONTOGENY GROUP AS: årsregnskap 2023 vs 2022
Grew 15% on revenue, slipped into loss, cash halved-plus
approved 2024-11-14; registry 2024-11-18; journal 2024 756402
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ONTOGENY GROUP AS. Revenue 2.26m NOK → 2.61m NOK (+15.1%). Net result +16.0k NOK → -930.0k NOK. Equity 1.57m NOK → 4.64m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ONTOGENY GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.26m NOK to 2.61m NOK (+15.1% YoY). Calculated
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↑
Equity strengthened
Book equity 1.57m NOK → 4.64m NOK (equity ratio 32.2% → 122.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -656.1k NOK → -715.4k NOK (op. margin -29.0% → -27.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 16.0k NOK profit to a loss of 930.0k NOK. Calculated
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↓
Cash fell
Bank deposits 794.8k NOK → 394.2k NOK (-50.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.01× → 0.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 496.4k NOK → 609.2k NOK (+22.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.41m NOK → 2.27m NOK. Reported fact