21-5 NORGE AS: årsregnskap 2021 vs 2020
Grew 682% on revenue, stronger earnings
approved 2022-09-14; registry 2022-09-20; journal 2022 928110
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 21-5 NORGE AS. Revenue 800 NOK → 6 256 NOK (+682.0%). Net result -2.50m NOK → -1.24m NOK. Equity -6.18m NOK → -7.42m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 21-5 NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 800 NOK to 6 256 NOK (+682.0% YoY). Calculated
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↑
Operating result improved
Operating result -2.10m NOK → -1.24m NOK (op. margin -262900.1% → -19781.4%). Calculated
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↑
Net result improved
Net result -2.50m NOK → -1.24m NOK (net margin -311992.9% → -19779.2%). Calculated
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↑
Cash rose
Bank deposits 2.21m NOK → 47.57m NOK (+2053.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -6.18m NOK → -7.42m NOK (equity ratio -2385.2% → -13.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 478 NOK → 1.33m NOK (435% → 21316% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact