NORDIC SEMICONDUCTOR ASA: årsregnskap 2021 vs 2020
Grew 51% on revenue, stronger earnings, cash halved-plus
approved 2022-04-28; registry 2022-06-11; journal 2022 316262
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NORDIC SEMICONDUCTOR ASA. Revenue 406.2k NOK → 611.6k NOK (+50.5%). Net result +35.80m NOK → +65.69m NOK. Equity 389.3k NOK → 440.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for NORDIC SEMICONDUCTOR ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 406.2k NOK to 611.6k NOK (+50.5% YoY). Calculated
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Operating result improved
Operating result +42.07m NOK → +79.86m NOK (op. margin 10356.1% → 13058.9%). Calculated
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Net result improved
Net result +35.80m NOK → +65.69m NOK (net margin 8812.2% → 10740.6%). Calculated
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Equity strengthened
Book equity 389.3k NOK → 440.7k NOK (equity ratio 77.4% → 75.4%). Calculated
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Owners injected capital
Paid-in equity rose 235.8k NOK → 235.76m NOK (+235.53m NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 238.62m NOK → 273.4k NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (238.62m NOK → 273.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 1.59m NOK → 6.70m NOK. Reported fact