Org.nr 926 397 036 2020 → 2021 Year-over-year analysis

123HAPPYNOW AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-05-26; registry 2022-05-30; journal 2022 367516

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 123HAPPYNOW AS. Revenue 0 NOK → 211.8k NOK. Net result 0 NOK → -14.3k NOK. Equity 30.0k NOK → -755.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 123HAPPYNOW AS.

Scorecard

Revenue
0 NOK 211.8k NOK
—
Operating result
0 NOK -14.2k NOK
—
Net result
0 NOK -14.3k NOK
—
Equity
30.0k NOK -755.2k NOK
-2617.4%
Cash
30.0k NOK 42.5k NOK
+41.5%
Total assets
30.0k NOK 42.5k NOK
+41.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 211.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 42.5k NOK (+41.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -14.2k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 14.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → -755.2k NOK (equity ratio 100.0% → -1778.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1778.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 5 255 NOK (None YoY). Calculated