TOMRA SYSTEMS ASA: årsregnskap 2022 vs 2021
Stronger earnings, cash halved-plus
approved 2023-04-27; registry 2023-06-08; journal 2023 430496
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for TOMRA SYSTEMS ASA. Revenue 2.18bn NOK → 2.13bn NOK (-2.4%). Net result +673.0k NOK → +936.0k NOK. Equity 1.36bn NOK → 1.69bn NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for TOMRA SYSTEMS ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +298.0k NOK → +87.00m NOK (op. margin 0.0% → 4.1%). Calculated
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Net result improved
Net result +673.0k NOK → +936.0k NOK (net margin 0.0% → 0.0%). Calculated
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Equity strengthened
Book equity 1.36bn NOK → 1.69bn NOK (equity ratio 23.6% → 25.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.18bn NOK to 2.13bn NOK (-2.4% YoY). Calculated
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Cash fell
Bank deposits 170.00m NOK → 289.0k NOK (-99.8% YoY). Calculated
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Payroll up without matching revenue
Salary cost 18 NOK → 3.46m NOK (0% → 0% of revenue). Calculated
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COGS moved
COGS / varekostnad 1.24m NOK → 1.32bn NOK (+106336.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (170.00m NOK → 289.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 4.47bn NOK → 4.35bn NOK. Reported fact