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Stock research / United States / EQNR / Year to 31 December 2021

Equinor ASA (EQNR) annual results, year to 31 December 2021: revenue USD 90,924 million, from the 20-F

Equinor ASA files a 20-F with the SEC once a year, in US dollars. In the year to 31 December 2021 it reported revenue of USD 90,924 million, up 98.4% on the year before. Its profit attributable to shareholders was USD 8,563 million, and diluted earnings per share USD 2.63.

The year to 31 December 2021, against the year before

Year toDec 2020 †Dec 2021 †
Revenue45,81890,924
Cost of sales20,98635,160
Research and development254291
Selling, general and administrative706780
Operating profit-3,42333,663
Profit before tax-4,25931,583
Income tax1,23723,007
Profit for the year-5,4968,576
Profit attributable to shareholders-5,5108,563
Filing20-F20-F

USD million, from the 20-F on the SEC's EDGAR, linked in the last row, on the IFRS tags the company filed. A line the company does not file under the standard tag is left out rather than estimated.

Year toDec 2020 †Dec 2021 †
Diluted EPS-1.692.63
Basic EPS-1.692.64
Filing20-F20-F

USD per ordinary share, as filed.

Cash flow

Year toDec 2020 †Dec 2021 †
Cash from operations10,38628,816
Purchase of property, plant and equipment8,4768,040
Free cash flow1,91020,776
Dividends paid141230
Filing20-F20-F

USD million. Free cash flow is cash from operations less the purchase of property, plant and equipment, arithmetic on the two filed lines.

Balance sheet at year end

Year toDec 2020 †Dec 2021 †
Total assets124,809147,120
Equity attributable to shareholders33,87339,010
Cash and cash equivalents6,75713,987
Borrowings, as filed31,09127,655
Lease liabilities4,4053,562
Inventories3,0843,395
Filing20-F20-F

USD million, at each fiscal year end.

Ratios on the filed lines

Year toDec 2020 †Dec 2021 †
Operating margin-7.5%37.0%
Net margin-12.0%9.4%
Free cash flow margin4.2%22.8%
Return on year-end equity-16.3%22.0%
Effective tax raten/a72.8%
Filing20-F20-F

Arithmetic on the filed lines of the same year.

Every annual report here

Source

20-F for the year to 31 December 2021, filed 21 March 2024, accession 0001140625-24-000034: the filing on EDGAR. All of Equinor ASA's filings: EDGAR company page. The figures are in US dollars as filed.

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