Org.nr 919 967 072 2020 → 2021 Year-over-year analysis

CLOUDBERRY CLEAN ENERGY ASA: årsregnskap 2021 vs 2020

Shrank 15% on revenue, weaker earnings, fresh owner capital

approved 2022-04-28; registry 2022-08-04; journal 2022 787350

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for CLOUDBERRY CLEAN ENERGY ASA. Revenue 117.5k NOK → 100.0k NOK (-14.9%). Net result -24.16m NOK → -45.76m NOK. Equity 1.06bn NOK → 2.67bn NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
117.5k NOK 100.0k NOK
-14.9%
Operating result
-23.86m NOK -43.29m NOK
-81.4%
Net result
-24.16m NOK -45.76m NOK
-89.4%
Equity
1.06bn NOK 2.67bn NOK
+151.3%
Cash
552.48m NOK 959.00m NOK
+73.6%
Total assets
1.32bn NOK 2.70bn NOK
+104.1%

What improved

  • ↑

    Equity strengthened

    Book equity 1.06bn NOK → 2.67bn NOK (equity ratio 80.2% → 98.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 552.48m NOK → 959.00m NOK (+73.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.09bn NOK → 2.73bn NOK (+1.65bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 117.5k NOK to 100.0k NOK (-14.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -23.86m NOK → -43.29m NOK (op. margin -20306.6% → -43290.2%). Calculated

  • ↓

    Net result weakened

    Net result -24.16m NOK → -45.76m NOK (net margin -20563.3% → -45761.3%). Calculated