SCANA ASA: årsregnskap 2023 vs 2022
Grew 51% on revenue, returned to profit, fresh owner capital
approved 2024-05-29; registry 2024-09-02; journal 2024 736594
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for SCANA ASA. Revenue 15.77m NOK → 23.74m NOK (+50.5%). Net result -15.25m NOK → +13.11bn NOK. Equity 680.8k NOK → 13.78m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for SCANA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.77m NOK to 23.74m NOK (+50.5% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 15.25m NOK to a profit of 13.11bn NOK. Calculated
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↑
Equity strengthened
Book equity 680.8k NOK → 13.78m NOK (equity ratio 0.1% → 1.2%). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 36.2k NOK (None YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 539.3k NOK → 519.76m NOK (+519.22m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -16.50m NOK → -28.36m NOK (op. margin -104.6% → -119.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.51× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 17.16m NOK → 32.11m NOK (109% → 135% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 921.7k NOK → 1 NOK. Reported fact