102 ASIA MAT AS: årsregnskap 2021 vs 2020
Grew 213% on revenue, returned to profit
approved 2021-12-31; registry 2022-06-30; journal 2022 564802
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 102 ASIA MAT AS. Revenue 775 NOK → 2 426 NOK (+213.0%). Net result -13.7k NOK → +45.9k NOK. Equity 16.3k NOK → 62.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 102 ASIA MAT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 775 NOK to 2 426 NOK (+213.0% YoY). Calculated
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Operating result improved
Operating result -13.8k NOK → +60.9k NOK (op. margin -1776.6% → 2508.2%). Calculated
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Turned profitable
Net result flipped from a loss of 13.7k NOK to a profit of 45.9k NOK. Calculated
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Equity strengthened
Book equity 16.3k NOK → 62.2k NOK (equity ratio 100.0% → 5.4%). Calculated
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Cash rose
Bank deposits 370 NOK → 3 381 NOK (+813.8% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation