FirmaIQ
Org.nr 982 904 420 2020 → 2021 Year-over-year analysis

NEXT BIOMETRICS GROUP ASA: årsregnskap 2021 vs 2020

Shrank 7% on revenue, fresh owner capital

approved 2022-04-26; registry 2022-06-20; journal 2022 460213

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for NEXT BIOMETRICS GROUP ASA. Revenue 8.96m NOK → 8.32m NOK (-7.2%). Net result -20.31m NOK → -19.33m NOK. Equity 195.2k NOK → 265.27m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NEXT BIOMETRICS GROUP ASA.

At a glance

Scorecard

Revenue
8.96m NOK 8.32m NOK
-7.2%
Operating result
-18.20m NOK -21.05m NOK
-15.6%
Net result
-20.31m NOK -19.33m NOK
+4.8%
Equity
195.2k NOK 265.27m NOK
+135785.0%
Cash
43.33m NOK 78.20m NOK
+80.5%
Total assets
201.5k NOK 275.04m NOK
+136399.2%

What improved

  • ↑

    Equity strengthened

    Book equity 195.2k NOK → 265.27m NOK (equity ratio 96.9% → 96.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 43.33m NOK → 78.20m NOK (+80.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 195.2k NOK → 265.27m NOK (+265.07m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.96m NOK to 8.32m NOK (-7.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -18.20m NOK → -21.05m NOK (op. margin -203.1% → -253.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 17.05m NOK → 21.70m NOK (190% → 261% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 151.8k NOK → 191.89m NOK. Reported fact