Org.nr 919 043 903 2020 → 2021 Year-over-year analysis

21 GRAMS AS: årsregnskap 2021 vs 2020

Grew 55% on revenue, returned to profit

approved 2022-01-26; registry 2022-06-09; journal 2022 353390

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 21 GRAMS AS. Revenue 15.43m NOK → 23.96m NOK (+55.2%). Net result -900.3k NOK → +2.10m NOK. Equity 1.36m NOK → 3.46m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 21 GRAMS AS.

Scorecard

Revenue
15.43m NOK 23.96m NOK
+55.2%
Operating result
-554.8k NOK +604.0k NOK
+208.9%
Net result
-900.3k NOK +2.10m NOK
+333.1%
Equity
1.36m NOK 3.46m NOK
+153.9%
Cash
322.0k NOK 854.1k NOK
+165.2%
Total assets
4.59m NOK 8.92m NOK
+94.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.43m NOK to 23.96m NOK (+55.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -554.8k NOK → +604.0k NOK (op. margin -3.6% → 2.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 900.3k NOK to a profit of 2.10m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 3.46m NOK (equity ratio 29.7% → 38.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 322.0k NOK → 854.1k NOK (+165.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 13.71m NOK → 21.06m NOK (+53.7% YoY). Calculated