VÅR ENERGI ASA: årsregnskap 2022 vs 2021
Grew 62% on revenue, weaker earnings, cash halved-plus
registry 2023-05-25; journal 2023 392811
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for VÅR ENERGI ASA. Revenue 6.06bn NOK → 9.83bn NOK (+62.1%). Net result +693.70m NOK → +936.4k NOK. Equity 1.47bn NOK → 1.48bn NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for VÅR ENERGI ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.06bn NOK to 9.83bn NOK (+62.1% YoY). Calculated
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↑
Operating result improved
Operating result +2.98bn NOK → +6.37bn NOK (op. margin 49.2% → 64.8%). Calculated
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↑
Equity strengthened
Book equity 1.47bn NOK → 1.48bn NOK (equity ratio 7.3% → 7.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +693.70m NOK → +936.4k NOK (net margin 11.4% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 190.23m NOK → 444.6k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (190.23m NOK → 444.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 2.69bn NOK → 1.48bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 226.09m NOK → 1.29m NOK. Reported fact