Org.nr 925 837 350 2020 → 2021 Year-over-year analysis

1814 HOLDING AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2021-12-31; registry 2022-07-07; journal 2022 649634

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 1814 HOLDING AS. Revenue 3.54m NOK → 3.51m NOK (-0.8%). Net result -26.0k NOK → +229.9k NOK. Equity -208.2k NOK → 21.7k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1814 HOLDING AS.

Scorecard

Revenue
3.54m NOK 3.51m NOK
-0.8%
Operating result
+105.1k NOK +319.0k NOK
+203.6%
Net result
-26.0k NOK +229.9k NOK
+984.9%
Equity
-208.2k NOK 21.7k NOK
+110.4%
Cash
539.0k NOK 748.0k NOK
+38.8%
Total assets
2 912 NOK 1.19m NOK
+40834.9%

What improved

  • ↑

    Operating result improved

    Operating result +105.1k NOK → +319.0k NOK (op. margin 3.0% → 9.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 26.0k NOK to a profit of 229.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -208.2k NOK → 21.7k NOK (equity ratio -7149.1% → 1.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 539.0k NOK → 748.0k NOK (+38.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.54m NOK to 3.51m NOK (-0.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.53× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 48.6k NOK → 0 NOK. Reported fact