ELOPAK ASA: årsregnskap 2021 vs 2020
Grew 94989% on revenue, weaker earnings, fresh owner capital
approved 2022-05-12; registry 2022-06-25; journal 2022 505409
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ELOPAK ASA. Revenue 559.8k NOK → 532.33m NOK (+94989.5%). Net result +30.85m NOK → +1.43m NOK. Equity 135.1k NOK → 168.9k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ELOPAK ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 559.8k NOK to 532.33m NOK (+94989.5% YoY). Calculated
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Equity strengthened
Book equity 135.1k NOK → 168.9k NOK (equity ratio 0.0% → 0.0%). Calculated
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Cash rose
Bank deposits 1.11m NOK → 18.00m NOK (+1514.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 80.45m NOK → 120.26m NOK (+39.81m NOK). Reported fact
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Payroll decreased
Salary cost 168.57m NOK → 7.17m NOK (30112% → 1% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +14.77m NOK → -18.14m NOK (op. margin 2638.2% → -3.4%). Calculated
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Net result weakened
Net result +30.85m NOK → +1.43m NOK (net margin 5510.2% → 0.3%). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 367.51m NOK → 299.41m NOK. Reported fact