NEL ASA: årsregnskap 2021 vs 2020
Grew 74% on revenue, slipped into loss, fresh owner capital
approved 2022-03-22; registry 2022-05-28; journal 2022 271910
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NEL ASA. Revenue 43.55m NOK → 75.65m NOK (+73.7%). Net result +156.41m NOK → -24.46m NOK. Equity 4.74bn NOK → 5.96bn 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; cogs moved; book investments changed. All figures are taken from the published annual accounts for NEL ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 43.55m NOK to 75.65m NOK (+73.7% YoY). Calculated
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↑
Equity strengthened
Book equity 4.74bn NOK → 5.96bn NOK (equity ratio 99.3% → 99.1%). Calculated
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↑
Cash rose
Bank deposits 2.22m NOK → 2.54bn NOK (+114397.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.07× → 58.57×. Calculated
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Owners injected capital
Paid-in equity rose 4.69bn NOK → 5.94bn NOK (+1.25bn NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -11.93m NOK → -21.08m NOK (op. margin -27.4% → -27.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 156.41m NOK profit to a loss of 24.46m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 33.55m NOK → 52.03m NOK (77% → 69% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.39m NOK → 4.55m NOK (+3.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 3.26bn NOK. Reported fact