FirmaIQ
Org.nr 914 348 803 2020 → 2021 Year-over-year analysis

Moelven Industrier ASA: årsregnskap 2021 vs 2020

Grew 101206423% on revenue, weaker earnings

approved 2022-04-28; registry 2022-06-11; journal 2022 315504

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for Moelven Industrier ASA. Revenue 2.12m NOK → 2143.63bn NOK (+101206422.9%). Net result +390.90m NOK → +1.47m NOK. Equity 788.77m NOK → 14 NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for Moelven Industrier ASA.

At a glance

Scorecard

Revenue
2.12m NOK 2143.63bn NOK
+101206422.9%
Operating result
-49.18m NOK -46.74m NOK
+5.0%
Net result
+390.90m NOK +1.47m NOK
-99.6%
Equity
788.77m NOK 14 NOK
-100.0%
Cash
0 NOK 920 NOK
—
Total assets
2.91bn NOK 4.98bn NOK
+71.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.12m NOK to 2143.63bn NOK (+101206422.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -49.18m NOK → -46.74m NOK (op. margin -2322.1% → -0.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +390.90m NOK → +1.47m NOK (net margin 18455.5% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 788.77m NOK → 14 NOK (equity ratio 27.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.19bn NOK → 7.56bn NOK (+5.2% YoY). Calculated