Org.nr 933 739 384 2020 → 2021 Year-over-year analysis

VEND MARKETPLACES ASA: årsregnskap 2021 vs 2020

Shrank 100% on revenue, weaker earnings

approved 2022-05-04; registry 2022-07-19; journal 2022 664676

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for VEND MARKETPLACES ASA. Revenue 165.00m NOK → 194.0k NOK (-99.9%). Net result +2.05bn NOK → +1.01bn NOK. Equity 14.15bn NOK → 14.77bn NOK.

On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened; cash fell.

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

Scorecard

Revenue
165.00m NOK 194.0k NOK
-99.9%
Operating result
-319.00m NOK -222.00m NOK
+30.4%
Net result
+2.05bn NOK +1.01bn NOK
-50.8%
Equity
14.15bn NOK 14.77bn NOK
+4.3%
Cash
983.00m NOK 563.00m NOK
-42.7%
Total assets
26.78bn NOK 30.28bn NOK
+13.0%

What improved

  • ↑

    Operating result improved

    Operating result -319.00m NOK → -222.00m NOK (op. margin -193.3% → -114433.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 14.15bn NOK → 14.77bn NOK (equity ratio 52.8% → 48.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5.20bn NOK → 5.24bn NOK (+32.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 165.00m NOK to 194.0k NOK (-99.9% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.05bn NOK → +1.01bn NOK (net margin 1243.0% → 520618.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 983.00m NOK → 563.00m NOK (-42.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 24.58bn NOK → 29.05bn NOK. Reported fact