FirmaIQ
Org.nr 912 055 744 2020 → 2021 Year-over-year analysis

1912 TOP HOLDING AS: årsregnskap 2021 vs 2020

Shrank 700317% on revenue, slipped into loss, cash halved-plus

approved 2022-05-20; registry 2022-06-09; journal 2022 353766

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 1912 TOP HOLDING AS. Revenue 16.6k NOK → -116.05m NOK (-700317.2%). Net result +16.29m NOK → -116.12m NOK. Equity 287.49m NOK → 171.37m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for 1912 TOP HOLDING AS.

At a glance

Scorecard

Revenue
16.6k NOK -116.05m NOK
-700317.2%
Operating result
+16.26m NOK -116.13m NOK
-814.4%
Net result
+16.29m NOK -116.12m NOK
-812.9%
Equity
287.49m NOK 171.37m NOK
-40.4%
Cash
1.72m NOK 1 721 NOK
-99.9%
Total assets
287.49m NOK 173.06m NOK
-39.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.6k NOK to -116.05m NOK (-700317.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +16.26m NOK → -116.13m NOK (op. margin 98080.9% → 100.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 16.29m NOK profit to a loss of 116.12m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 287.49m NOK → 171.37m NOK (equity ratio 100.0% → 99.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.72m NOK → 1 721 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.72m NOK → 1 721 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 266.31m NOK → 150.20m NOK — check capital reduction, conversion, or reclassification. Interpretation