Org.nr 927 124 238 2022 → 2023 Year-over-year analysis

TOMRA SYSTEMS ASA: årsregnskap 2023 vs 2022

Grew 39% on revenue, stronger earnings

approved 2024-04-25; registry 2024-06-06; journal 2024 431915

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for TOMRA SYSTEMS ASA. Revenue 2.13bn NOK → 2.95bn NOK (+38.9%). Net result +936.0k NOK → +402.00m NOK. Equity 1.69bn NOK → 1.56bn NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for TOMRA SYSTEMS ASA.

Scorecard

Revenue
2.13bn NOK 2.95bn NOK
+38.9%
Operating result
+87.00m NOK -71.00m NOK
-181.6%
Net result
+936.0k NOK +402.00m NOK
+42848.7%
Equity
1.69bn NOK 1.56bn NOK
-7.7%
Cash
289.0k NOK 489.0k NOK
+69.2%
Total assets
6.55bn NOK 7.76bn NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.13bn NOK to 2.95bn NOK (+38.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +936.0k NOK → +402.00m NOK (net margin 0.0% → 13.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 289.0k NOK → 489.0k NOK (+69.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +87.00m NOK → -71.00m NOK (op. margin 4.1% → -2.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.69bn NOK → 1.56bn NOK (equity ratio 25.8% → 20.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.46m NOK → 3.57m NOK (0% → 0% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.32bn NOK → 1.83bn NOK (+38.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.35bn NOK → 8 110 NOK. Reported fact