VOW ASA: årsregnskap 2023 vs 2022
Grew 17% on revenue, slipped into loss, cash halved-plus
approved 2024-05-23; registry 2024-07-18; journal 2024 579992
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for VOW ASA. Revenue 782.8k NOK → 918.5k NOK (+17.3%). Net result +14.40m NOK → -43.92m NOK. Equity 604.87m NOK → 561.62m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for VOW ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 782.8k NOK to 918.5k NOK (+17.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -27.01m NOK → -29.45m NOK (op. margin -3449.9% → -3206.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 14.40m NOK profit to a loss of 43.92m NOK. Calculated
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↓
Equity eroded
Book equity 604.87m NOK → 561.62m NOK (equity ratio 65495.8% → 59058.2%). Calculated
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↓
Cash fell
Bank deposits 10.77m NOK → 1.13m NOK (-89.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.77m NOK → 1.13m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 889.9k NOK → 947.8k NOK. Reported fact