Org.nr 943 753 709 2020 → 2021 Year-over-year analysis

KONGSBERG GRUPPEN ASA: årsregnskap 2021 vs 2020

Grew 29% on revenue, stronger earnings

approved 2022-05-11; registry 2022-08-02; journal 2022 751460

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for KONGSBERG GRUPPEN ASA. Revenue 189.0k NOK → 243.0k NOK (+28.6%). Net result +3.16bn NOK → +5.78bn NOK. Equity 6.67bn NOK → 9.39bn NOK.

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

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for KONGSBERG GRUPPEN ASA.

Scorecard

Revenue
189.0k NOK 243.0k NOK
+28.6%
Operating result
-47.00m NOK -72.00m NOK
-53.2%
Net result
+3.16bn NOK +5.78bn NOK
+83.2%
Equity
6.67bn NOK 9.39bn NOK
+40.8%
Cash
4.89m NOK 6.75bn NOK
+138131.7%
Total assets
18.95bn NOK 25.03bn NOK
+32.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 189.0k NOK to 243.0k NOK (+28.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +3.16bn NOK → +5.78bn NOK (net margin 1669841.3% → 2379423.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.67bn NOK → 9.39bn NOK (equity ratio 35.2% → 37.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.89m NOK → 6.75bn NOK (+138131.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.09×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -47.00m NOK → -72.00m NOK (op. margin -24867.7% → -29629.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.10bn NOK → 5.10bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 8.85bn NOK → 9.58bn NOK (+8.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.00m NOK → 121.00m NOK. Reported fact