FirmaIQ
Org.nr 984 648 820 2020 → 2021 Year-over-year analysis

NORDA ASA: årsregnskap 2021 vs 2020

Shrank 70% on revenue, weaker earnings

approved 2022-06-15; registry 2022-06-25; journal 2022 502683

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for NORDA ASA. Revenue 469.05m NOK → 139.32m NOK (-70.3%). Net result +427.66m NOK → +82.14m NOK. Equity 8.15bn NOK → 4.23bn NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
469.05m NOK 139.32m NOK
-70.3%
Operating result
+445.52m NOK +86.70m NOK
-80.5%
Net result
+427.66m NOK +82.14m NOK
-80.8%
Equity
8.15bn NOK 4.23bn NOK
-48.1%
Cash
6.21m NOK 5.80m NOK
-6.7%
Total assets
629.46m NOK 727.97m NOK
+15.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 469.05m NOK to 139.32m NOK (-70.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +445.52m NOK → +86.70m NOK (op. margin 95.0% → 62.2%). Calculated

  • ↓

    Net result weakened

    Net result +427.66m NOK → +82.14m NOK (net margin 91.2% → 59.0%). Calculated

  • ↓

    Equity eroded

    Book equity 8.15bn NOK → 4.23bn NOK (equity ratio 1294.5% → 581.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.21m NOK → 5.80m NOK (-6.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 65.85m NOK → 72.15m NOK. Reported fact