TOMRA SYSTEMS ASA: årsregnskap 2021 vs 2020
Grew 44% on revenue, weaker earnings
approved 2022-04-28; registry 2022-06-11; journal 2022 329643
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for TOMRA SYSTEMS ASA. Revenue 1.51bn NOK → 2.18bn NOK (+44.0%). Net result +368.00m NOK → +673.0k NOK. Equity 1.53bn NOK → 1.36bn NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for TOMRA SYSTEMS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.51bn NOK to 2.18bn NOK (+44.0% YoY). Calculated
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↑
Cash rose
Bank deposits 28.00m NOK → 170.00m NOK (+507.1% YoY). Calculated
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↑
Payroll decreased
Salary cost 18.32m NOK → 18 NOK (1% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +233.00m NOK → +298.0k NOK (op. margin 15.4% → 0.0%). Calculated
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↓
Net result weakened
Net result +368.00m NOK → +673.0k NOK (net margin 24.3% → 0.0%). Calculated
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↓
Equity eroded
Book equity 1.53bn NOK → 1.36bn NOK (equity ratio 29.2% → 23.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.79m NOK → 1.24m NOK (-67.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.53bn NOK → 4.47bn NOK. Reported fact