FirmaIQ
Org.nr 994 051 067 2021 → 2022 Year-over-year analysis

PANORO ENERGY ASA: årsregnskap 2022 vs 2021

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2023-04-27; registry 2023-08-29; journal 2023 717163

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for PANORO ENERGY ASA. Revenue 119.66m NOK → 188.6k NOK (-99.8%). Net result +66.39m NOK → -23.28m NOK. Equity 241.72m NOK → 207.25m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
119.66m NOK 188.6k NOK
-99.8%
Operating result
+60.71m NOK -7.19m NOK
-111.8%
Net result
+66.39m NOK -23.28m NOK
-135.1%
Equity
241.72m NOK 207.25m NOK
-14.3%
Cash
6.46m NOK 2.84m NOK
-56.0%
Total assets
245.7k NOK 216.33m NOK
+87950.2%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 550.3k NOK → 551.4k NOK (+1 075 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 119.66m NOK to 188.6k NOK (-99.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +60.71m NOK → -7.19m NOK (op. margin 50.7% → -3809.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 66.39m NOK profit to a loss of 23.28m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 241.72m NOK → 207.25m NOK (equity ratio 98386.6% → 95.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.46m NOK → 2.84m NOK (-56.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 179.97m NOK → 180.3k NOK. Reported fact