FirmaIQ
Org.nr 888 349 472 2020 → 2021 Year-over-year analysis

2-BIZ NORWAY AS: årsregnskap 2021 vs 2020

Shrank 11% on revenue, stronger earnings

approved 2021-10-04; registry 2022-01-22; journal 2022 108371

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2-BIZ NORWAY AS. Revenue 29.02m NOK → 25.74m NOK (-11.3%). Net result +197.0k NOK → +571.9k NOK. Equity 1.49m NOK → 2.06m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2-BIZ NORWAY AS.

At a glance

Scorecard

Revenue
29.02m NOK 25.74m NOK
-11.3%
Operating result
+255.8k NOK +638.6k NOK
+149.7%
Net result
+197.0k NOK +571.9k NOK
+190.3%
Equity
1.49m NOK 2.06m NOK
+38.4%
Cash
3.11m NOK n/m
—
Total assets
4.82m NOK 3.75m NOK
-22.2%

What improved

  • ↑

    Operating result improved

    Operating result +255.8k NOK → +638.6k NOK (op. margin 0.9% → 2.5%). Calculated

  • ↑

    Net result improved

    Net result +197.0k NOK → +571.9k NOK (net margin 0.7% → 2.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.49m NOK → 2.06m NOK (equity ratio 30.9% → 54.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.02m NOK to 25.74m NOK (-11.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 28.18m NOK → 24.75m NOK (-12.2% YoY). Calculated