FirmaIQ
Org.nr 923 152 830 2020 → 2021 Year-over-year analysis

1071 CONSULT AS: årsregnskap 2021 vs 2020

Grew 163% on revenue, stronger earnings

approved 2022-07-31; registry 2022-08-02; journal 2022 867818

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 1071 CONSULT AS. Revenue 830.5k NOK → 2.18m NOK (+162.8%). Net result +569.4k NOK → +953.0k NOK. Equity 13.15m NOK → 320.7k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
830.5k NOK 2.18m NOK
+162.8%
Operating result
+729.7k NOK +146.4k NOK
-79.9%
Net result
+569.4k NOK +953.0k NOK
+67.4%
Equity
13.15m NOK 320.7k NOK
-97.6%
Cash
29.0k NOK 1.40m NOK
+4735.2%
Total assets
50.8k NOK 1.61m NOK
+3061.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 830.5k NOK to 2.18m NOK (+162.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +569.4k NOK → +953.0k NOK (net margin 68.6% → 43.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.0k NOK → 1.40m NOK (+4735.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 5.56×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +729.7k NOK → +146.4k NOK (op. margin 87.9% → 6.7%). Calculated

  • ↓

    Equity eroded

    Book equity 13.15m NOK → 320.7k NOK (equity ratio 25861.8% → 20.0%). Calculated