140CONSULT AS: årsregnskap 2021 vs 2020
Grew 914% on revenue, weaker earnings
approved 2022-06-30; registry 2022-07-13; journal 2022 694852
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 140CONSULT AS. Revenue 128.3k NOK → 1.30m NOK (+914.2%). Net result +228.5k NOK → +104.2k NOK. Equity 526.5k NOK → 380.7k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 140CONSULT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 128.3k NOK to 1.30m NOK (+914.2% YoY). Calculated
-
↑
Operating result improved
Operating result +303.4k NOK → +427.5k NOK (op. margin 236.5% → 32.9%). Calculated
-
↑
Cash rose
Bank deposits 178.9k NOK → 416.5k NOK (+132.9% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result +228.5k NOK → +104.2k NOK (net margin 178.1% → 8.0%). Calculated
-
↓
Equity eroded
Book equity 526.5k NOK → 380.7k NOK (equity ratio 73.8% → 42.8%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 3 NOK → 3.61m NOK (0% → 278% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 13.32m NOK → 246.5k NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact