NORDIC MINING ASA: årsregnskap 2021 vs 2020
Grew 32% on revenue, stronger earnings, fresh owner capital
approved 2022-05-19; registry 2022-07-20; journal 2022 667062
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NORDIC MINING ASA. Revenue 7.54m NOK → 9.91m NOK (+31.5%). Net result -7.00m NOK → -5.17m NOK. Equity 11.40m NOK → 11.47m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for NORDIC MINING ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.54m NOK to 9.91m NOK (+31.5% YoY). Calculated
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Operating result improved
Operating result -10.29m NOK → -8.34m NOK (op. margin -136.5% → -84.1%). Calculated
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Net result improved
Net result -7.00m NOK → -5.17m NOK (net margin -92.9% → -52.1%). Calculated
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Equity strengthened
Book equity 11.40m NOK → 11.47m NOK (equity ratio 2840.0% → 2427.9%). Calculated
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Owners injected capital
Paid-in equity rose 607.1k NOK → 467.43m NOK (+466.82m NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 41.09m NOK → 29.64m NOK (-27.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 10.36m NOK → 11.24m NOK (138% → 113% of revenue). Calculated
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Book investments changed
Investment / intangible book value 12.10bn NOK → 12.19m NOK. Reported fact