Org.nr 889 186 232 2020 → 2021 Year-over-year analysis

ENSURGE MICROPOWER ASA: årsregnskap 2021 vs 2020

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2022-04-26; registry 2022-06-13; journal 2022 362934

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ENSURGE MICROPOWER ASA. Revenue 4.74m NOK → 4 741 NOK (-99.9%). Net result -107.85m NOK → -238.72m NOK. Equity 9.32m NOK → 28.12m NOK.

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

Net tougher year on the published lines.

Scorecard

Revenue
4.74m NOK 4 741 NOK
-99.9%
Operating result
-109.17m NOK -221.07m NOK
-102.5%
Net result
-107.85m NOK -238.72m NOK
-121.3%
Equity
9.32m NOK 28.12m NOK
+201.7%
Cash
41.45m NOK 30.39m NOK
-26.7%
Total assets
41.52m NOK 31.05m NOK
-25.2%

What improved

  • ↑

    Equity strengthened

    Book equity 9.32m NOK → 28.12m NOK (equity ratio 22.5% → 90.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 10.11m NOK → 389.30m NOK (+379.19m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.74m NOK to 4 741 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -109.17m NOK → -221.07m NOK (op. margin -2302.6% → -4663045.8%). Calculated

  • ↓

    Net result weakened

    Net result -107.85m NOK → -238.72m NOK (net margin -2274.8% → -5035119.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.45m NOK → 30.39m NOK (-26.7% YoY). Calculated