FirmaIQ
Org.nr 992 357 010 2020 → 2021 Year-over-year analysis

2 SNØMENN AS: årsregnskap 2021 vs 2020

A steady year on the published lines

approved 2022-05-31; registry 2022-06-14; journal 2022 414401

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2 SNØMENN AS. Revenue 17.64m NOK → 17.09m NOK (-3.1%). Net result +3.35m NOK → +3.81m NOK. Equity 4.69m NOK → 4.00m NOK.

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

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

At a glance

Scorecard

Revenue
17.64m NOK 17.09m NOK
-3.1%
Operating result
+4.27m NOK +4.83m NOK
+13.1%
Net result
+3.35m NOK +3.81m NOK
+13.8%
Equity
4.69m NOK 4.00m NOK
-14.6%
Cash
8.62m NOK 4.49m NOK
-47.9%
Total assets
10.60m NOK 7.12m NOK
-32.8%

What improved

  • ↑

    Operating result improved

    Operating result +4.27m NOK → +4.83m NOK (op. margin 24.2% → 28.3%). Calculated

  • ↑

    Net result improved

    Net result +3.35m NOK → +3.81m NOK (net margin 19.0% → 22.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.64m NOK to 17.09m NOK (-3.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 4.69m NOK → 4.00m NOK (equity ratio 44.2% → 56.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.62m NOK → 4.49m NOK (-47.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.71m NOK → 2.82m NOK (15% → 16% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 9.75m NOK → 8.61m NOK (-11.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 420.0k NOK → 650 NOK. Reported fact