2 KNOP AS: årsregnskap 2021 vs 2020
Grew 15% on revenue, slipped into loss
registry 2022-08-01; journal 2022 838855
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2 KNOP AS. Revenue 662.7k NOK → 764.8k NOK (+15.4%). Net result +93.3k NOK → -66.1k NOK. Equity 71.5k NOK → 5 456 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 2 KNOP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 662.7k NOK to 764.8k NOK (+15.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 57.5k NOK → 78.4k NOK (+36.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +122.4k NOK → -76.2k NOK (op. margin 18.5% → -10.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 93.3k NOK profit to a loss of 66.1k NOK. Calculated
-
↓
Equity eroded
Book equity 71.5k NOK → 5 456 NOK (equity ratio 57.2% → 3.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 4.39× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 47.2k NOK → 1.27m NOK (7% → 166% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 380.2k NOK → 432.3k NOK (+13.7% YoY). Calculated