FirmaIQ
Org.nr 916 300 484 2021 → 2022 Year-over-year analysis

STOREBRAND ASA: årsregnskap 2022 vs 2021

Shrank 30% on revenue, weaker earnings

approved 2023-04-13; registry 2023-06-13; journal 2023 437953

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for STOREBRAND ASA. Revenue 4.54bn NOK → 3.19bn NOK (-29.8%). Net result +4.25bn NOK → +2.94bn NOK. Equity 28.32bn NOK → 29.09bn NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for STOREBRAND ASA.

At a glance

Scorecard

Revenue
4.54bn NOK 3.19bn NOK
-29.8%
Operating result
+4.36bn NOK +2.97bn NOK
-32.0%
Net result
+4.25bn NOK +2.94bn NOK
-30.8%
Equity
28.32bn NOK 29.09bn NOK
+2.7%
Cash
28.00m NOK 433.00m NOK
+1446.4%
Total assets
32.53bn NOK 32.46bn NOK
-0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 28.32bn NOK → 29.09bn NOK (equity ratio 87.1% → 89.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.00m NOK → 433.00m NOK (+1446.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.54bn NOK to 3.19bn NOK (-29.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4.36bn NOK → +2.97bn NOK (op. margin 96.0% → 93.1%). Calculated

  • ↓

    Net result weakened

    Net result +4.25bn NOK → +2.94bn NOK (net margin 93.5% → 92.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 13.19bn NOK → 13.16bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 55.00m NOK → 40.00m NOK. Reported fact