FirmaIQ
Org.nr 996 819 884 2020 → 2021 Year-over-year analysis

SOILTECH ASA: årsregnskap 2021 vs 2020

Grew 1288% on revenue, stronger earnings

approved 2022-03-17; registry 2022-05-03; journal 2022 200369

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for SOILTECH ASA. Revenue 81.92m NOK → 1.14bn NOK (+1287.6%). Net result +3.11m NOK → +10.75m NOK. Equity 92.89m NOK → 15.11bn 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 SOILTECH ASA.

At a glance

Scorecard

Revenue
81.92m NOK 1.14bn NOK
+1287.6%
Operating result
+5.17m NOK +15.38m NOK
+197.5%
Net result
+3.11m NOK +10.75m NOK
+245.8%
Equity
92.89m NOK 15.11bn NOK
+16170.4%
Cash
35.95m NOK 36.54m NOK
+1.6%
Total assets
147.57m NOK 211.31m NOK
+43.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 81.92m NOK to 1.14bn NOK (+1287.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.17m NOK → +15.38m NOK (op. margin 6.3% → 1.4%). Calculated

  • ↑

    Net result improved

    Net result +3.11m NOK → +10.75m NOK (net margin 3.8% → 0.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 92.89m NOK → 15.11bn NOK (equity ratio 62.9% → 7152.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 35.95m NOK → 36.54m NOK (+1.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 103.3k NOK → 1.08m NOK. Reported fact