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01/2022 Financial report for 2021

admin by admin
January 28, 2022
Reading Time:1min read
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21Shares and ETF Securities partner up to launch world-beating crypto ETFs and education centre

Company announcement 01/2022: Financial report for 2021

2021 financial performance in line with guidance – Revenue growth of 1.7% to DKK 2,877m and an operating profit margin before special items of 4.9%

Performance highlights for the fourth quarter 2021

  • Operating profit margin before special items at 5.0% compared to 7.3% in Q4 2020.

  • Special items amount to DKK 61m, the significance is mainly due to an DKK 29m impairment related to the exit of a specific customer segment and DKK 27m related to restructuring cost.

  • Net result is a profit of DKK 2m, compared to a profit of DKK 18m in Q4 2020.

  • Order backlog for 2022 at the beginning of Q1 2022 amounted to DKK 2,017m, an increase of 0.9% compared to the same time last year.

  • Outlook for 2022:

2022 will be the first year for NNIT to operate within the 3 distinct business units; Cloud and Digital Solutions, Life Sciences Solutions and Hybrid Cloud Solutions. In 2022, the offshoring set-up will also be optimized. The new organizational structure will ensure the establishment of a platform for improved operational performance and once settled,…

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