FirmaIQ
Org.nr 996 638 707 2020 → 2021 Year-over-year analysis

1080 MAP AS: årsregnskap 2021 vs 2020

Shrank 27% on revenue, weaker earnings, cash halved-plus

approved 2022-07-04; registry 2022-07-21; journal 2022 750832

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 1080 MAP AS. Revenue 274.1k NOK → 200.6k NOK (-26.8%). Net result +83.5k NOK → +7 649 NOK. Equity -256.0k NOK → -248.4k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 1080 MAP AS.

At a glance

Scorecard

Revenue
274.1k NOK 200.6k NOK
-26.8%
Operating result
+111.5k NOK +23.9k NOK
-78.5%
Net result
+83.5k NOK +7 649 NOK
-90.8%
Equity
-256.0k NOK -248.4k NOK
+3.0%
Cash
110.3k NOK 13.8k NOK
-87.5%
Total assets
182.7k NOK 216.7k NOK
+18.6%

What improved

  • ↑

    Equity strengthened

    Book equity -256.0k NOK → -248.4k NOK (equity ratio -140.1% → -114.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 274.1k NOK to 200.6k NOK (-26.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +111.5k NOK → +23.9k NOK (op. margin 40.7% → 11.9%). Calculated

  • ↓

    Net result weakened

    Net result +83.5k NOK → +7 649 NOK (net margin 30.5% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 110.3k NOK → 13.8k NOK (-87.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 37.5k NOK → 0 NOK (-100.0% YoY). Calculated