Org.nr 913 662 814 2020 → 2021 Year-over-year analysis

2 SA1X AS: årsregnskap 2021 vs 2020

Grew 11261% on revenue, returned to profit, cash halved-plus

approved 2021-12-31; registry 2022-07-30; journal 2022 820684

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2 SA1X AS. Revenue 30.0k NOK → 3.41m NOK (+11261.4%). Net result -244.4k NOK → +139.0k NOK. Equity -772.2k NOK → 11.37m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 SA1X AS.

Scorecard

Revenue
30.0k NOK 3.41m NOK
+11261.4%
Operating result
-232.0k NOK +611.0k NOK
+363.4%
Net result
-244.4k NOK +139.0k NOK
+156.9%
Equity
-772.2k NOK 11.37m NOK
+1571.9%
Cash
106.7k NOK 11.1k NOK
-89.6%
Total assets
4.69m NOK 2.06m NOK
-56.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.0k NOK to 3.41m NOK (+11261.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -232.0k NOK → +611.0k NOK (op. margin -773.2% → 17.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 244.4k NOK to a profit of 139.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -772.2k NOK → 11.37m NOK (equity ratio -16.5% → 551.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.10× → 90.39×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 106.7k NOK → 11.1k NOK (-89.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 652.0k NOK → 9 485 NOK. Reported fact