FirmaIQ
Org.nr 921 403 593 2020 → 2021 Year-over-year analysis

NORMARK IO AS: årsregnskap 2021 vs 2020

Grew 24% on revenue, stronger earnings

registry 2022-07-16; journal 2022 714680

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for NORMARK IO AS. Revenue 1.03m NOK → 1.28m NOK (+24.4%). Net result +66.1k NOK → +352.1k NOK. Equity 289.3k NOK → 641.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORMARK IO AS.

At a glance

Scorecard

Revenue
1.03m NOK 1.28m NOK
+24.4%
Operating result
+133.4k NOK +352.1k NOK
+163.9%
Net result
+66.1k NOK +352.1k NOK
+432.7%
Equity
289.3k NOK 641.4k NOK
+121.7%
Cash
265.8k NOK 421.5k NOK
+58.6%
Total assets
644.1k NOK 959.1k NOK
+48.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.03m NOK to 1.28m NOK (+24.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +133.4k NOK → +352.1k NOK (op. margin 13.0% → 27.6%). Calculated

  • ↑

    Net result improved

    Net result +66.1k NOK → +352.1k NOK (net margin 6.4% → 27.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 289.3k NOK → 641.4k NOK (equity ratio 44.9% → 66.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 265.8k NOK → 421.5k NOK (+58.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 350 NOK → 433.0k NOK. Reported fact