Org.nr 996 819 000 2020 → 2021 Year-over-year analysis

VOW ASA: årsregnskap 2021 vs 2020

Grew 98660% on revenue, stronger earnings, fresh owner capital

approved 2022-05-19; registry 2022-06-21; journal 2022 471818

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for VOW ASA. Revenue 459.8k NOK → 454.09m NOK (+98659.9%). Net result +18.19m NOK → +319.15m NOK. Equity 444.3k NOK → 649.1k NOK.

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

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

Scorecard

Revenue
459.8k NOK 454.09m NOK
+98659.9%
Operating result
-12.11m NOK -22.60m NOK
-86.7%
Net result
+18.19m NOK +319.15m NOK
+1654.5%
Equity
444.3k NOK 649.1k NOK
+46.1%
Cash
2.49m NOK 123.21m NOK
+4856.0%
Total assets
445.6k NOK 823.3k NOK
+84.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 459.8k NOK to 454.09m NOK (+98659.9% YoY). Calculated

  • ↑

    Net result improved

    Net result +18.19m NOK → +319.15m NOK (net margin 3956.3% → 70.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 444.3k NOK → 649.1k NOK (equity ratio 99.7% → 78.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.49m NOK → 123.21m NOK (+4856.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 403.5k NOK → 627.6k NOK (+224.1k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.11m NOK → -22.60m NOK (op. margin -2633.3% → -5.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 345.3k NOK → 498.1k NOK. Reported fact