FirmaIQ
Org.nr 824 615 152 2020 → 2021 Year-over-year analysis

1852 BÅT OG MOTOR AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, weaker earnings, cash halved-plus

approved 2022-05-06; registry 2022-09-08; journal 2022 920333

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 1852 BÅT OG MOTOR AS. Revenue 6.63m NOK → 8.04m NOK (+21.3%). Net result +653.2k NOK → +49.8k NOK. Equity 941.2k NOK → 991.1k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 1852 BÅT OG MOTOR AS.

At a glance

Scorecard

Revenue
6.63m NOK 8.04m NOK
+21.3%
Operating result
+853.2k NOK +81.8k NOK
-90.4%
Net result
+653.2k NOK +49.8k NOK
-92.4%
Equity
941.2k NOK 991.1k NOK
+5.3%
Cash
789.8k NOK 27.4k NOK
-96.5%
Total assets
2.96m NOK 3.56m NOK
+20.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.63m NOK to 8.04m NOK (+21.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 941.2k NOK → 991.1k NOK (equity ratio 31.8% → 27.8%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +853.2k NOK → +81.8k NOK (op. margin 12.9% → 1.0%). Calculated

  • ↓

    Net result weakened

    Net result +653.2k NOK → +49.8k NOK (net margin 9.9% → 0.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 789.8k NOK → 27.4k NOK (-96.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 261 NOK → 1.04m NOK (0% → 13% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5 095 NOK → 6.39m NOK (+125371.3% YoY). Calculated