SAGA PURE ASA: årsregnskap 2021 vs 2020
Grew 922% on revenue, stronger earnings, cash halved-plus
approved 2022-04-21; registry 2022-07-27; journal 2022 713252
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for SAGA PURE ASA. Revenue 38.08m NOK → 389.29m NOK (+922.4%). Net result +25.72m NOK → +355.46m NOK. Equity 569.0k NOK → 1.03m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for SAGA PURE ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 38.08m NOK to 389.29m NOK (+922.4% YoY). Calculated
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Operating result improved
Operating result +24.89m NOK → +353.37m NOK (op. margin 65.4% → 90.8%). Calculated
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Net result improved
Net result +25.72m NOK → +355.46m NOK (net margin 67.5% → 91.3%). Calculated
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Equity strengthened
Book equity 569.0k NOK → 1.03m NOK (equity ratio 99.2% → 99.0%). Calculated
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Owners injected capital
Paid-in equity rose 1.07m NOK → 1.17bn NOK (+1.17bn NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 476.11m NOK → 778.1k NOK (-99.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (476.11m NOK → 778.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 6.37m NOK → 22.18m NOK (17% → 6% of revenue). Calculated
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Book investments changed
Investment / intangible book value 97.14m NOK → 219.43m NOK. Reported fact