FirmaIQ
Org.nr 917 103 801 2020 → 2021 Year-over-year analysis

Veidekke ASA: årsregnskap 2021 vs 2020

Shrank 9% on revenue, stronger earnings

approved 2022-05-11; registry 2022-06-16; journal 2022 432833

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for Veidekke ASA. Revenue 102.00m NOK → 93.00m NOK (-8.8%). Net result +2.92m NOK → +924.00m NOK. Equity 1.23bn NOK → 1.19bn NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
102.00m NOK 93.00m NOK
-8.8%
Operating result
-120.00m NOK -143.00m NOK
-19.2%
Net result
+2.92m NOK +924.00m NOK
+31533.0%
Equity
1.23bn NOK 1.19bn NOK
-3.5%
Cash
1.85bn NOK 1.52bn NOK
-17.4%
Total assets
5.98bn NOK 5.78bn NOK
-3.3%

What improved

  • ↑

    Net result improved

    Net result +2.92m NOK → +924.00m NOK (net margin 2.9% → 993.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 102.00m NOK to 93.00m NOK (-8.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -120.00m NOK → -143.00m NOK (op. margin -117.6% → -153.8%). Calculated

  • ↓

    Equity eroded

    Book equity 1.23bn NOK → 1.19bn NOK (equity ratio 20.6% → 20.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.85bn NOK → 1.52bn NOK (-17.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 11.12m NOK → 11.13m NOK (11% → 12% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.01bn NOK → 2.98bn NOK. Reported fact