SATS ASA: årsregnskap 2023 vs 2022
Grew 16% on revenue, returned to profit
approved 2024-04-25; registry 2024-06-05; journal 2024 417274
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for SATS ASA. Revenue 4.08bn NOK → 4.73bn NOK (+16.0%). Net result -8.00m NOK → +109.00m NOK. Equity 2.65bn NOK → 2.75bn NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for SATS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.08bn NOK to 4.73bn NOK (+16.0% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 8.00m NOK to a profit of 109.00m NOK. Calculated
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↑
Equity strengthened
Book equity 2.65bn NOK → 2.75bn NOK (equity ratio 50.0% → 57.4%). Calculated
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↑
Cash rose
Bank deposits 888.0k NOK → 136.00m NOK (+15215.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 3.48bn NOK → 3.48bn NOK (+9.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -18.00m NOK → -27.00m NOK (op. margin -0.4% → -0.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.59bn NOK → 1.68bn NOK (39% → 35% of revenue). Calculated
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COGS moved
COGS / varekostnad 147.0k NOK → 137.00m NOK (+93097.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.37bn NOK → 4.50bn NOK. Reported fact