NEKKAR ASA: årsregnskap 2021 vs 2020
Shrank 11% on revenue, returned to profit
approved 2022-04-28; registry 2022-06-13; journal 2022 400159
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NEKKAR ASA. Revenue 5.92m NOK → 5.30m NOK (-10.5%). Net result -54.16m NOK → +141.98m NOK. Equity 198.02m NOK → 341.1k NOK.
On the constructive side: turned profitable; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for NEKKAR ASA.
At a glance
Scorecard
What improved
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Turned profitable
Net result flipped from a loss of 54.16m NOK to a profit of 141.98m NOK. Calculated
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Cash rose
Bank deposits 307.2k NOK → 132.84m NOK (+43145.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 14.45m NOK → 15.58m NOK (+1.13m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.92m NOK to 5.30m NOK (-10.5% YoY). Calculated
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Operating result weakened
Operating result -16.88m NOK → -25.51m NOK (op. margin -285.1% → -481.5%). Calculated
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↓
Equity eroded
Book equity 198.02m NOK → 341.1k NOK (equity ratio 34487.6% → 0.1%). Calculated
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↓
COGS moved
COGS / varekostnad 198.4k NOK → 236.7k NOK (+19.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 142.1k NOK → 182.9k NOK. Reported fact