Org.nr 999 642 381 2020 → 2021 Year-over-year analysis

NORDIC UNMANNED ASA: årsregnskap 2021 vs 2020

Grew 46% on revenue, weaker earnings, fresh owner capital

approved 2022-05-25; registry 2022-07-09; journal 2022 597107

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for NORDIC UNMANNED ASA. Revenue 66.14m NOK → 96.55m NOK (+46.0%). Net result -731.3k NOK → -29.03m NOK. Equity 5.11bn NOK → 5.30bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for NORDIC UNMANNED ASA.

Scorecard

Revenue
66.14m NOK 96.55m NOK
+46.0%
Operating result
+24.8k NOK -37.72m NOK
-152257.4%
Net result
-731.3k NOK -29.03m NOK
-3869.5%
Equity
5.11bn NOK 5.30bn NOK
+3.7%
Cash
53.2k NOK 50.04m NOK
+93910.8%
Total assets
161.63m NOK 437.51m NOK
+170.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 66.14m NOK to 96.55m NOK (+46.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.11bn NOK → 5.30bn NOK (equity ratio 3163.1% → 1211.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 53.2k NOK → 50.04m NOK (+93910.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 139.72m NOK → 356.59m NOK (+216.87m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +24.8k NOK → -37.72m NOK (op. margin 0.0% → -39.1%). Calculated

  • ↓

    Net result weakened

    Net result -731.3k NOK → -29.03m NOK (net margin -1.1% → -30.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 20.01m NOK → 59.53m NOK (30% → 62% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 31.08m NOK → 28.23m NOK (-9.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.46m NOK → 103.04m NOK. Reported fact