FirmaIQ
Org.nr 994 051 067 2020 → 2021 Year-over-year analysis

PANORO ENERGY ASA: årsregnskap 2021 vs 2020

Grew 346% on revenue, stronger earnings

approved 2022-04-28; registry 2022-06-11; journal 2022 349688

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for PANORO ENERGY ASA. Revenue 26.86m NOK → 119.66m NOK (+345.6%). Net result +9.41m NOK → +66.39m NOK. Equity 96.97m NOK → 241.72m 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 PANORO ENERGY ASA.

At a glance

Scorecard

Revenue
26.86m NOK 119.66m NOK
+345.6%
Operating result
-1.50m NOK +60.71m NOK
+4150.2%
Net result
+9.41m NOK +66.39m NOK
+605.5%
Equity
96.97m NOK 241.72m NOK
+149.3%
Cash
1.08m NOK 6.46m NOK
+497.1%
Total assets
101.61m NOK 245.7k NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.86m NOK to 119.66m NOK (+345.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.50m NOK → +60.71m NOK (op. margin -5.6% → 50.7%). Calculated

  • ↑

    Net result improved

    Net result +9.41m NOK → +66.39m NOK (net margin 35.0% → 55.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 96.97m NOK → 241.72m NOK (equity ratio 95.4% → 98386.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.08m NOK → 6.46m NOK (+497.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 18.00m NOK → 179.97m NOK. Reported fact