Norva24 Group AB (publ)
STO:NORVA
Income Statement
Earnings Waterfall
Norva24 Group AB (publ)
Revenue
|
3.2B
NOK
|
Cost of Revenue
|
-524.3m
NOK
|
Gross Profit
|
2.6B
NOK
|
Operating Expenses
|
-2.3B
NOK
|
Operating Income
|
346.3m
NOK
|
Other Expenses
|
-119.7m
NOK
|
Net Income
|
226.6m
NOK
|
Income Statement
Norva24 Group AB (publ)
Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||
Revenue |
2 143
N/A
|
2 265
+6%
|
2 336
+3%
|
2 467
+6%
|
2 645
+7%
|
2 836
+7%
|
3 016
+6%
|
3 152
+5%
|
|
Gross Profit | |||||||||
Cost of Revenue |
(236)
|
(261)
|
(277)
|
(321)
|
(368)
|
(428)
|
(484)
|
(524)
|
|
Gross Profit |
1 907
N/A
|
2 004
+5%
|
2 058
+3%
|
2 146
+4%
|
2 277
+6%
|
2 408
+6%
|
2 532
+5%
|
2 628
+4%
|
|
Operating Income | |||||||||
Operating Expenses |
(1 698)
|
(1 774)
|
(1 806)
|
(1 862)
|
(2 055)
|
(2 182)
|
(2 273)
|
(2 281)
|
|
Selling, General & Administrative |
(928)
|
(981)
|
(1 000)
|
(1 041)
|
(1 105)
|
(1 173)
|
(1 228)
|
(1 288)
|
|
Depreciation & Amortization |
(246)
|
(254)
|
(260)
|
(276)
|
(291)
|
(308)
|
(323)
|
(339)
|
|
Other Operating Expenses |
(524)
|
(539)
|
(546)
|
(546)
|
(659)
|
(702)
|
(722)
|
(654)
|
|
Operating Income |
209
N/A
|
230
+10%
|
252
+10%
|
284
+13%
|
222
-22%
|
226
+2%
|
259
+15%
|
346
+34%
|
|
Pre-Tax Income | |||||||||
Interest Income Expense |
(98)
|
(74)
|
(49)
|
(9)
|
(4)
|
(11)
|
(36)
|
(71)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
(72)
|
0
|
0
|
0
|
(62)
|
|
Total Other Income |
(0)
|
(0)
|
(6)
|
(6)
|
(1)
|
4
|
14
|
21
|
|
Pre-Tax Income |
111
N/A
|
156
+40%
|
197
+27%
|
196
0%
|
216
+10%
|
219
+1%
|
237
+8%
|
234
-1%
|
|
Net Income | |||||||||
Tax Provision |
(2)
|
(9)
|
(20)
|
(57)
|
(63)
|
(66)
|
(64)
|
(7)
|
|
Income from Continuing Operations |
110
|
147
|
177
|
140
|
154
|
153
|
173
|
227
|
|
Income to Minority Interest |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
110
N/A
|
147
+34%
|
177
+20%
|
140
-21%
|
154
+10%
|
152
-1%
|
173
+14%
|
227
+31%
|
|
EPS (Diluted) |
0.59
N/A
|
0.8
+36%
|
0.97
+21%
|
0.76
-22%
|
0.84
+11%
|
0.83
-1%
|
0.95
+14%
|
1.24
+31%
|