NORGESGRUPPEN ASA: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-03-30; registry 2022-06-30; journal 2022 537406
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NORGESGRUPPEN ASA. Revenue 498.8k NOK → 512.8k NOK (+2.8%). Net result +1.51bn NOK → +848.84m NOK. Equity 12.52bn NOK → 12.36bn NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for NORGESGRUPPEN ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 498.8k NOK to 512.8k NOK (+2.8% YoY). Calculated
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↑
Operating result improved
Operating result -140.53m NOK → -119.80m NOK (op. margin -28172.5% → -23359.7%). Calculated
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↑
Cash rose
Bank deposits 4.52m NOK → 1.46bn NOK (+32182.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.51bn NOK → +848.84m NOK (net margin 303201.8% → 165519.4%). Calculated
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↓
Equity eroded
Book equity 12.52bn NOK → 12.36bn NOK (equity ratio 41.6% → 40.0%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.82bn NOK → 1.82bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 3.26m NOK → 3.26m NOK (653% → 636% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 75.01bn NOK → 76.46bn NOK (+1.9% YoY). Calculated