SAGA PURE ASA: årsregnskap 2023 vs 2022
Shrank 90% on revenue, slipped into loss, cash halved-plus
approved 2024-05-28; registry 2024-08-14; journal 2024 682401
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for SAGA PURE ASA. Revenue 86.80m NOK → 8.42m NOK (-90.3%). Net result +21.60m NOK → -100.90m NOK. Equity 960.40m NOK → 865.67m NOK.
On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for SAGA PURE ASA.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 1.08bn NOK → 1.09bn NOK (+6.17m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 86.80m NOK to 8.42m NOK (-90.3% YoY). Calculated
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↓
Operating result weakened
Operating result +48.14m NOK → -38.35m NOK (op. margin 55.5% → -455.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 21.60m NOK profit to a loss of 100.90m NOK. Calculated
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↓
Equity eroded
Book equity 960.40m NOK → 865.67m NOK (equity ratio 98.9% → 99.6%). Calculated
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↓
Cash fell
Bank deposits 287.01m NOK → 683.6k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (287.01m NOK → 683.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 185.88m NOK → 10 NOK. Reported fact