1KRM AS: årsregnskap 2021 vs 2020
Shrank 24% on revenue, weaker earnings
approved 2021-12-31; registry 2022-03-28; journal 2022 170159
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1KRM AS. Revenue 5.48m NOK → 4.14m NOK (-24.4%). Net result +301.5k NOK → +110.5k NOK. Equity 2.70m NOK → 2.81m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 1KRM AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.70m NOK → 2.81m NOK (equity ratio 89.3% → 87.5%). Calculated
-
↑
Cash rose
Bank deposits 682.2k NOK → 762.3k NOK (+11.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.48m NOK to 4.14m NOK (-24.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +392.8k NOK → +149.8k NOK (op. margin 7.2% → 3.6%). Calculated
-
↓
Net result weakened
Net result +301.5k NOK → +110.5k NOK (net margin 5.5% → 2.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.08× → 0.19× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 NOK → 1.00m NOK (0% → 24% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 3.37m NOK → 2.29m NOK (-32.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.09m NOK → 1.35m NOK. Reported fact