FirmaIQ
Org.nr 980 250 547 2020 → 2021 Year-over-year analysis

ITERA ASA: årsregnskap 2021 vs 2020

Grew 22% on revenue, fresh owner capital

approved 2022-05-24; registry 2022-06-13; journal 2022 355800

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ITERA ASA. Revenue 38.13m NOK → 46.40m NOK (+21.7%). Net result +50.35m NOK → +44.00m NOK. Equity 60.73m NOK → 69.03m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ITERA ASA.

At a glance

Scorecard

Revenue
38.13m NOK 46.40m NOK
+21.7%
Operating result
-3.36m NOK -2.80m NOK
+16.5%
Net result
+50.35m NOK +44.00m NOK
-12.6%
Equity
60.73m NOK 69.03m NOK
+13.6%
Cash
42.85m NOK 23.25m NOK
-45.7%
Total assets
171.8k NOK 153.02m NOK
+88964.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.13m NOK to 46.40m NOK (+21.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3.36m NOK → -2.80m NOK (op. margin -8.8% → -6.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 60.73m NOK → 69.03m NOK (equity ratio 35350.1% → 45.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 20.29m NOK → 31.33m NOK (+11.04m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11434697000.39bn NOK → 10 NOK (29988714923662% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +50.35m NOK → +44.00m NOK (net margin 132.1% → 94.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 42.85m NOK → 23.25m NOK (-45.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 71.82m NOK → 63.12m NOK (-12.1% YoY). Calculated