Org.nr 999 256 864 2020 → 2021 Year-over-year analysis

SENTIA ASA: årsregnskap 2021 vs 2020

Shrank 9% on revenue, stronger earnings

approved 2022-03-30; registry 2022-07-06; journal 2022 579154

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for SENTIA ASA. Revenue 8.83bn NOK → 8.07bn NOK (-8.6%). Net result +4.42m NOK → +276.35m NOK. Equity 183.03m NOK → 459.38m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

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

Scorecard

Revenue
8.83bn NOK 8.07bn NOK
-8.6%
Operating result
-91.3k NOK -272.7k NOK
-198.9%
Net result
+4.42m NOK +276.35m NOK
+6149.9%
Equity
183.03m NOK 459.38m NOK
+151.0%
Cash
745.3k NOK 784.4k NOK
+5.3%
Total assets
230.73m NOK 511.32m NOK
+121.6%

What improved

  • ↑

    Net result improved

    Net result +4.42m NOK → +276.35m NOK (net margin 0.1% → 3.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 183.03m NOK → 459.38m NOK (equity ratio 79.3% → 89.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 745.3k NOK → 784.4k NOK (+5.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.83bn NOK to 8.07bn NOK (-8.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -91.3k NOK → -272.7k NOK (op. margin -0.0% → -0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 22.94m NOK → 22.97m NOK (0% → 0% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.58bn NOK → 6.76bn NOK (-10.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 230.52m NOK → 201.32m NOK. Reported fact