FirmaIQ
Org.nr 916 300 484 2020 → 2021 Year-over-year analysis

STOREBRAND ASA: årsregnskap 2021 vs 2020

Grew 50% on revenue, stronger earnings, cash halved-plus

approved 2022-04-06; registry 2022-06-13; journal 2022 362450

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for STOREBRAND ASA. Revenue 3.03bn NOK → 4.54bn NOK (+50.0%). Net result +2.80bn NOK → +4.25bn NOK. Equity 25.47bn NOK → 28.32bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for STOREBRAND ASA.

At a glance

Scorecard

Revenue
3.03bn NOK 4.54bn NOK
+50.0%
Operating result
+2.93bn NOK +4.36bn NOK
+48.8%
Net result
+2.80bn NOK +4.25bn NOK
+51.5%
Equity
25.47bn NOK 28.32bn NOK
+11.2%
Cash
60.00m NOK 28.00m NOK
-53.3%
Total assets
29.13bn NOK 32.53bn NOK
+11.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.03bn NOK to 4.54bn NOK (+50.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.93bn NOK → +4.36bn NOK (op. margin 96.8% → 96.0%). Calculated

  • ↑

    Net result improved

    Net result +2.80bn NOK → +4.25bn NOK (net margin 92.6% → 93.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 25.47bn NOK → 28.32bn NOK (equity ratio 87.4% → 87.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 12.86bn NOK → 13.19bn NOK (+335.00m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 60.00m NOK → 28.00m NOK (-53.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.89bn NOK → 55.00m NOK. Reported fact