NORDIC FINANCIALS ASA: årsregnskap 2021 vs 2020
Stronger earnings, fresh owner capital
approved 2022-04-28; registry 2022-08-09; journal 2022 826564
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NORDIC FINANCIALS ASA. Revenue 418.8k NOK → 418.8k NOK (0.0%). Net result +796.7k NOK → +29.99m NOK. Equity 50.82m NOK → 106.19m NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORDIC FINANCIALS ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +796.7k NOK → +29.99m NOK (net margin 190.2% → 7161.2%). Calculated
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Equity strengthened
Book equity 50.82m NOK → 106.19m NOK (equity ratio 37.8% → 98.6%). Calculated
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Current ratio back above 1×
Current ratio 0.63× → 51.20×. Calculated
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Owners injected capital
Paid-in equity rose 110.84m NOK → 136.23m NOK (+25.39m NOK). Reported fact
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Payroll decreased
Salary cost 5.73m NOK → 5 NOK (1368% → 0% of revenue). Calculated
What deteriorated
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Operating result weakened
Operating result -3.12m NOK → -6.23m NOK (op. margin -744.8% → -1486.7%). Calculated
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Cash fell
Bank deposits 25.91m NOK → 24.16m NOK (-6.8% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 81.42m NOK → 30.00m NOK. Reported fact