NRC GROUP ASA: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-05-05; registry 2022-06-16; journal 2022 432281
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for NRC GROUP ASA. Revenue 16.00m NOK → 16.00m NOK (0.0%). Net result -56.00m NOK → -17.00m NOK. Equity 2.30bn NOK → 2.29bn NOK.
On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded; payroll up without matching revenue.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for NRC GROUP ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -56.00m NOK → -17.00m NOK (net margin -350.0% → -106.2%). Calculated
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Cash rose
Bank deposits 592.0k NOK → 620.0k NOK (+4.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -34.00m NOK → -38.00m NOK (op. margin -212.5% → -237.5%). Calculated
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↓
Equity eroded
Book equity 2.30bn NOK → 2.29bn NOK (equity ratio 46.9% → 51.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 30.00m NOK → 36.00m NOK (188% → 225% of revenue). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 2.30bn NOK → 2.29bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 3.94bn NOK → 3.26bn NOK (-17.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 2.46bn NOK → 2.03bn NOK. Reported fact