Org.nr 919 317 558 2020 → 2021 Year-over-year analysis

HEXAGON PURUS ASA: årsregnskap 2021 vs 2020

Grew 496639% on revenue, stronger earnings, cash halved-plus

approved 2022-03-21; registry 2022-06-11; journal 2022 323419

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for HEXAGON PURUS ASA. Revenue 18.0k NOK → 89.41m NOK (+496638.9%). Net result -308.03m NOK → -51.91m NOK. Equity 2.00bn NOK → 2.10bn NOK.

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

Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for HEXAGON PURUS ASA.

Scorecard

Revenue
18.0k NOK 89.41m NOK
+496638.9%
Operating result
-18.95m NOK -47.24m NOK
-149.2%
Net result
-308.03m NOK -51.91m NOK
+83.1%
Equity
2.00bn NOK 2.10bn NOK
+5.0%
Cash
1.18bn NOK 372.39m NOK
-68.6%
Total assets
2.21bn NOK 2.11bn NOK
-4.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.0k NOK to 89.41m NOK (+496638.9% YoY). Calculated

  • ↑

    Net result improved

    Net result -308.03m NOK → -51.91m NOK (net margin -1711255.6% → -58.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.00bn NOK → 2.10bn NOK (equity ratio 90.5% → 99.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.00bn NOK → 2.10bn NOK (+99.79m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.95m NOK → -47.24m NOK (op. margin -105294.4% → -52.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.18bn NOK → 372.39m NOK (-68.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.18bn NOK → 372.39m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 14 NOK → 14.32bn NOK (+102318328471.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.01bn NOK → 10.88m NOK. Reported fact