FirmaIQ
Org.nr 923 138 846 2020 → 2021 Year-over-year analysis

10X CONSULTING AS: årsregnskap 2021 vs 2020

Grew 3775% on revenue, stronger earnings

registry 2022-03-26; journal 2022 167382

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 10X CONSULTING AS. Revenue 36.4k NOK → 1.41m NOK (+3775.1%). Net result +104.3k NOK → +179.1k NOK. Equity 11.25m NOK → 429.5k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 10X CONSULTING AS.

At a glance

Scorecard

Revenue
36.4k NOK 1.41m NOK
+3775.1%
Operating result
+110.2k NOK +223.9k NOK
+103.2%
Net result
+104.3k NOK +179.1k NOK
+71.7%
Equity
11.25m NOK 429.5k NOK
-96.2%
Cash
114.9k NOK 319.7k NOK
+178.4%
Total assets
266.2k NOK 17.2k NOK
-93.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.4k NOK to 1.41m NOK (+3775.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +110.2k NOK → +223.9k NOK (op. margin 302.4% → 15.9%). Calculated

  • ↑

    Net result improved

    Net result +104.3k NOK → +179.1k NOK (net margin 286.3% → 12.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 114.9k NOK → 319.7k NOK (+178.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.25m NOK → 429.5k NOK (equity ratio 4227.0% → 2503.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 81.8k NOK (None YoY). Calculated