Org.nr 925 344 877 2020 → 2021 Year-over-year analysis

SALMON EVOLUTION ASA: årsregnskap 2021 vs 2020

Returned to profit, fresh owner capital

approved 2022-04-08; registry 2022-08-20; journal 2022 901560

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for SALMON EVOLUTION ASA. Revenue 0 NOK → 9.87m NOK. Net result -16.83m NOK → +662 NOK. Equity 797.13m NOK → 1.34m NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for SALMON EVOLUTION ASA.

Scorecard

Revenue
0 NOK 9.87m NOK
—
Operating result
-20.0k NOK -15.57m NOK
-77740.0%
Net result
-16.83m NOK +662 NOK
+100.0%
Equity
797.13m NOK 1.34m NOK
-99.8%
Cash
520 NOK 355.40m NOK
+68346630.8%
Total assets
799.66m NOK 1.37m NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 9.87m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 16.83m NOK to a profit of 662 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 520 NOK → 355.40m NOK (+68346630.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 796.9k NOK → 1.33m NOK (+536.1k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 14.55m NOK → 11 NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.0k NOK → -15.57m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 797.13m NOK → 1.34m NOK (equity ratio 99.7% → 97.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 13.9k NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 279 NOK → 1.01m NOK. Reported fact