101 TECH AS: årsregnskap 2021 vs 2020
Grew 46% on revenue, slipped into loss
approved 2022-06-30; registry 2022-07-05; journal 2022 621246
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 101 TECH AS. Revenue 64.5k NOK → 94.2k NOK (+46.0%). Net result +12.2k NOK → -17.8k NOK. Equity 10.14m NOK → 122.9k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 101 TECH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 64.5k NOK to 94.2k NOK (+46.0% YoY). Calculated
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↑
Cash rose
Bank deposits 54.6k NOK → 85.6k NOK (+56.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +15.3k NOK → -17.8k NOK (op. margin 23.8% → -18.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 12.2k NOK profit to a loss of 17.8k NOK. Calculated
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↓
Equity eroded
Book equity 10.14m NOK → 122.9k NOK (equity ratio 5915.0% → 76.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 75.0k NOK → 39.0k NOK. Reported fact