FirmaIQ
Org.nr 980 292 738 2020 → 2021 Year-over-year analysis

1-2-TRE ELEMENTPRODUKSJON AS: årsregnskap 2021 vs 2020

Grew 24% on revenue, stronger earnings

approved 2022-03-08; registry 2022-07-30; journal 2022 745484

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 1-2-TRE ELEMENTPRODUKSJON AS. Revenue 102.34m NOK → 127.19m NOK (+24.3%). Net result +7.31m NOK → +12.93m NOK. Equity 21.34m NOK → 28.27m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 1-2-TRE ELEMENTPRODUKSJON AS.

At a glance

Scorecard

Revenue
102.34m NOK 127.19m NOK
+24.3%
Operating result
+9.49m NOK +16.71m NOK
+76.1%
Net result
+7.31m NOK +12.93m NOK
+76.9%
Equity
21.34m NOK 28.27m NOK
+32.5%
Cash
13.99m NOK 10.84m NOK
-22.5%
Total assets
46.22m NOK 58.92m NOK
+27.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 102.34m NOK to 127.19m NOK (+24.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9.49m NOK → +16.71m NOK (op. margin 9.3% → 13.1%). Calculated

  • ↑

    Net result improved

    Net result +7.31m NOK → +12.93m NOK (net margin 7.1% → 10.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 21.34m NOK → 28.27m NOK (equity ratio 46.2% → 48.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 13.99m NOK → 10.84m NOK (-22.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 50.02m NOK → 68.89m NOK (+37.7% YoY). Calculated