FirmaIQ
Org.nr 996 819 884 2022 → 2023 Year-over-year analysis

SOILTECH ASA: årsregnskap 2023 vs 2022

Grew 37% on revenue, stronger earnings

approved 2024-03-15; registry 2024-07-18; journal 2024 582941

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for SOILTECH ASA. Revenue 178.1k NOK → 244.3k NOK (+37.2%). Net result +15.53m NOK → +26.09m NOK. Equity 143.6k NOK → 170.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
178.1k NOK 244.3k NOK
+37.2%
Operating result
+23.39m NOK +47.98m NOK
+105.2%
Net result
+15.53m NOK +26.09m NOK
+68.0%
Equity
143.6k NOK 170.3k NOK
+18.7%
Cash
36.10m NOK 23.59m NOK
-34.7%
Total assets
289.3k NOK 357.9k NOK
+23.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 178.1k NOK to 244.3k NOK (+37.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +23.39m NOK → +47.98m NOK (op. margin 13132.4% → 19642.2%). Calculated

  • ↑

    Net result improved

    Net result +15.53m NOK → +26.09m NOK (net margin 8720.1% → 10679.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 143.6k NOK → 170.3k NOK (equity ratio 49.6% → 47.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 85.82m NOK → 86.52m NOK (+694.0k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 36.10m NOK → 23.59m NOK (-34.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 38.42m NOK → 38.20m NOK. Reported fact