FirmaIQ
Org.nr 919 097 914 2020 → 2021 Year-over-year analysis

2 PONDER EL AS: årsregnskap 2021 vs 2020

Shrank 22% on revenue, slipped into loss, cash halved-plus

approved 2022-05-31; registry 2022-09-20; journal 2022 929441

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2 PONDER EL AS. Revenue 2.07m NOK → 1.62m NOK (-22.1%). Net result +4.21m NOK → -187.0k NOK. Equity 471.0k NOK → 284.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 PONDER EL AS.

At a glance

Scorecard

Revenue
2.07m NOK 1.62m NOK
-22.1%
Operating result
+283.1k NOK -182.2k NOK
-164.3%
Net result
+4.21m NOK -187.0k NOK
-104.4%
Equity
471.0k NOK 284.0k NOK
-39.7%
Cash
498.1k NOK 137.2k NOK
-72.5%
Total assets
80.6k NOK 613.3k NOK
+661.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.97m NOK → 1.03m NOK (95% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.07m NOK to 1.62m NOK (-22.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +283.1k NOK → -182.2k NOK (op. margin 13.7% → -11.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.21m NOK profit to a loss of 187.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 471.0k NOK → 284.0k NOK (equity ratio 584.7% → 46.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 498.1k NOK → 137.2k NOK (-72.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 563.4k NOK → 525.1k NOK (-6.8% YoY). Calculated