+2 INTERIØR AS: årsregnskap 2021 vs 2020
Grew 60% on revenue, weaker earnings
approved 2022-05-18; registry 2022-06-04; journal 2022 419583
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for +2 INTERIØR AS. Revenue 5.28m NOK → 8.44m NOK (+59.8%). Net result +517.2k NOK → +1 186 NOK. Equity 650.9k NOK → 837.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for +2 INTERIØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.28m NOK to 8.44m NOK (+59.8% YoY). Calculated
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↑
Equity strengthened
Book equity 650.9k NOK → 837.4k NOK (equity ratio 197.5% → 21.4%). Calculated
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↑
Cash rose
Bank deposits 1.17m NOK → 3.79m NOK (+223.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.52× → 48.09×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +522.9k NOK → +289.5k NOK (op. margin 9.9% → 3.4%). Calculated
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↓
Net result weakened
Net result +517.2k NOK → +1 186 NOK (net margin 9.8% → 0.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 198 NOK → 1.64m NOK (0% → 19% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.21m NOK → 5.15m NOK (+60.3% YoY). Calculated