Org.nr 996 564 894 2020 → 2021 Year-over-year analysis

ALNG ASA: årsregnskap 2021 vs 2020

Grew 41% on revenue, stronger earnings

approved 2022-04-29; registry 2022-07-09; journal 2022 613772

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ALNG ASA. Revenue 5.69m NOK → 8.04m NOK (+41.2%). Net result -247.89m NOK → -14.37m NOK. Equity 790.13m NOK → 775.76m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ALNG ASA.

Scorecard

Revenue
5.69m NOK 8.04m NOK
+41.2%
Operating result
-14.88m NOK -17.82m NOK
-19.8%
Net result
-247.89m NOK -14.37m NOK
+94.2%
Equity
790.13m NOK 775.76m NOK
-1.8%
Cash
77.06m NOK 150.29m NOK
+95.0%
Total assets
877.20m NOK 925.9k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.69m NOK to 8.04m NOK (+41.2% YoY). Calculated

  • ↑

    Net result improved

    Net result -247.89m NOK → -14.37m NOK (net margin -4354.2% → -178.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 77.06m NOK → 150.29m NOK (+95.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -14.88m NOK → -17.82m NOK (op. margin -261.3% → -221.7%). Calculated

  • ↓

    Equity eroded

    Book equity 790.13m NOK → 775.76m NOK (equity ratio 90.1% → 83786.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.31× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 768.93m NOK → 769.8k NOK. Reported fact