FirmaIQ
Org.nr 936 534 112 2020 → 2021 Year-over-year analysis

2 BRØDRE HOLDING AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-06-28; registry 2022-08-03; journal 2022 776840

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2 BRØDRE HOLDING AS. Revenue 5.43m NOK → 5.65m NOK (+4.1%). Net result +449.8k NOK → +714.2k NOK. Equity 13.87m NOK → 8.70m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 BRØDRE HOLDING AS.

At a glance

Scorecard

Revenue
5.43m NOK 5.65m NOK
+4.1%
Operating result
+498.2k NOK +232.2k NOK
-53.4%
Net result
+449.8k NOK +714.2k NOK
+58.8%
Equity
13.87m NOK 8.70m NOK
-37.3%
Cash
537.0k NOK 544.6k NOK
+1.4%
Total assets
19.18m NOK 29.65m NOK
+54.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.43m NOK to 5.65m NOK (+4.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +449.8k NOK → +714.2k NOK (net margin 8.3% → 12.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 537.0k NOK → 544.6k NOK (+1.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +498.2k NOK → +232.2k NOK (op. margin 9.2% → 4.1%). Calculated

  • ↓

    Equity eroded

    Book equity 13.87m NOK → 8.70m NOK (equity ratio 72.3% → 29.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 16.85m NOK → 19.26m NOK. Reported fact