MAGNORA ASA: årsregnskap 2021 vs 2020
Grew 7% on revenue, slipped into loss
approved 2022-03-14; registry 2022-08-18; journal 2022 883235
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for MAGNORA ASA. Revenue 28.00m NOK → 30.00m NOK (+7.1%). Net result +27.00m NOK → -30.00m NOK. Equity 122.0k NOK → 211.0k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for MAGNORA ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 28.00m NOK to 30.00m NOK (+7.1% YoY). Calculated
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↑
Equity strengthened
Book equity 122.0k NOK → 211.0k NOK (equity ratio 97.6% → 92.5%). Calculated
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↑
Cash rose
Bank deposits 45.00m NOK → 94.00m NOK (+108.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 26.00m NOK → 28.00m NOK (+2.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +7.00m NOK → -17.00m NOK (op. margin 25.0% → -56.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 27.00m NOK profit to a loss of 30.00m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 13.00m NOK → 20.00m NOK (46% → 67% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 25.00m NOK → 90.00m NOK. Reported fact