Org.nr 992 587 776 2020 → 2021 Year-over-year analysis

SELVAAG BOLIG ASA: årsregnskap 2021 vs 2020

Grew 62% on revenue, stronger earnings

approved 2022-04-26; registry 2022-07-09; journal 2022 605872

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for SELVAAG BOLIG ASA. Revenue 78.84m NOK → 128.08m NOK (+62.5%). Net result +1.16m NOK → +637.30m NOK. Equity 1.74bn NOK → 1.91bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

Scorecard

Revenue
78.84m NOK 128.08m NOK
+62.5%
Operating result
-169.30m NOK -80.84m NOK
+52.3%
Net result
+1.16m NOK +637.30m NOK
+54630.4%
Equity
1.74bn NOK 1.91bn NOK
+9.6%
Cash
508.93m NOK 283.43m NOK
-44.3%
Total assets
3.83bn NOK 3.64bn NOK
-4.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 78.84m NOK to 128.08m NOK (+62.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -169.30m NOK → -80.84m NOK (op. margin -214.8% → -63.1%). Calculated

  • ↑

    Net result improved

    Net result +1.16m NOK → +637.30m NOK (net margin 1.5% → 497.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.74bn NOK → 1.91bn NOK (equity ratio 45.5% → 52.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.74bn NOK → 1.91bn NOK (+166.65m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 508.93m NOK → 283.43m NOK (-44.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.11m NOK → 12.01m NOK (+135.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.60bn NOK → 2.49bn NOK. Reported fact