Org.nr 980 489 876 2020 → 2021 Year-over-year analysis

ULSTEIN GROUP ASA: årsregnskap 2021 vs 2020

Returned to profit

approved 2021-12-31; registry 2022-08-03; journal 2022 772236

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ULSTEIN GROUP ASA. Net result -43.83m NOK → +15.35m NOK.

On the constructive side: operating result improved; turned profitable.

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

Scorecard

Revenue
n/m 1.21bn NOK
—
Operating result
-26.05m NOK -9.03m NOK
+65.3%
Net result
-43.83m NOK +15.35m NOK
+135.0%

What improved

  • ↑

    Operating result improved

    Operating result -26.05m NOK → -9.03m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 43.83m NOK to a profit of 15.35m NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.10bn NOK → 656.19m NOK (-40.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 417.87m NOK → 470.5k NOK. Reported fact