FirmaIQ
Org.nr 984 648 820 2019 → 2020 Year-over-year analysis

NORDA ASA: årsregnskap 2020 vs 2019

Grew 459% on revenue, stronger earnings

approved 2021-06-17; registry 2021-07-21; journal 2021 516230

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for NORDA ASA. Revenue 83.94m NOK → 469.05m NOK (+458.8%). Net result +39.93m NOK → +427.66m NOK. Equity 8.11bn NOK → 8.15bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
83.94m NOK 469.05m NOK
+458.8%
Operating result
+45.34m NOK +445.52m NOK
+882.6%
Net result
+39.93m NOK +427.66m NOK
+971.0%
Equity
8.11bn NOK 8.15bn NOK
+0.5%
Cash
3.10m NOK 6.21m NOK
+100.4%
Total assets
452.56m NOK 629.46m NOK
+39.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 83.94m NOK to 469.05m NOK (+458.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +45.34m NOK → +445.52m NOK (op. margin 54.0% → 95.0%). Calculated

  • ↑

    Net result improved

    Net result +39.93m NOK → +427.66m NOK (net margin 47.6% → 91.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.11bn NOK → 8.15bn NOK (equity ratio 1791.6% → 1294.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.10m NOK → 6.21m NOK (+100.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 39.28m NOK → 65.85m NOK. Reported fact