FirmaIQ
Org.nr 993 188 921 2020 → 2021 Year-over-year analysis

15 MEANINGS AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

registry 2022-07-23; journal 2022 764448

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 15 MEANINGS AS. Revenue 2.02m NOK → 2.12m NOK (+4.8%). Net result -95.6k NOK → -17.2k NOK. Equity -127.7k NOK → -144.9k NOK.

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

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 15 MEANINGS AS.

At a glance

Scorecard

Revenue
2.02m NOK 2.12m NOK
+4.8%
Operating result
-90.3k NOK -13.7k NOK
+84.8%
Net result
-95.6k NOK -17.2k NOK
+82.0%
Equity
-127.7k NOK -144.9k NOK
-13.5%
Cash
22.8k NOK 112 NOK
-99.5%
Total assets
340.4k NOK 337.6k NOK
-0.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.02m NOK to 2.12m NOK (+4.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -90.3k NOK → -13.7k NOK (op. margin -4.5% → -0.6%). Calculated

  • ↑

    Net result improved

    Net result -95.6k NOK → -17.2k NOK (net margin -4.7% → -0.8%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -127.7k NOK → -144.9k NOK (equity ratio -37.5% → -42.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 22.8k NOK → 112 NOK (-99.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -42.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.53m NOK → 1.61m NOK (76% → 76% of revenue). Calculated