ALGINOR ASA: årsregnskap 2021 vs 2020
Grew 223% on revenue, weaker earnings, fresh owner capital
approved 2022-06-17; registry 2022-06-28; journal 2022 529754
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ALGINOR ASA. Revenue 213.5k NOK → 689.4k NOK (+222.9%). Net result -2.76m NOK → -16.06m NOK. Equity 30.63m NOK → 404.31m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ALGINOR ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 213.5k NOK to 689.4k NOK (+222.9% YoY). Calculated
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↑
Equity strengthened
Book equity 30.63m NOK → 404.31m NOK (equity ratio 43.5% → 95.2%). Calculated
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↑
Cash rose
Bank deposits 3.99m NOK → 107.95m NOK (+2606.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.63m NOK → 404.31m NOK (+373.68m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -2.95m NOK → -10.96m NOK (op. margin -1379.6% → -1589.7%). Calculated
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↓
Net result weakened
Net result -2.76m NOK → -16.06m NOK (net margin -1292.0% → -2329.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.50m NOK → 4.06m NOK (702% → 588% of revenue). Calculated
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COGS moved
COGS / varekostnad 0 NOK → 123.7k NOK (None YoY). Calculated
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·
Book investments changed
Investment / intangible book value 942.2k NOK → 300.0k NOK. Reported fact