221 CONSULTING AS: årsregnskap 2021 vs 2020
Shrank 24% on revenue, weaker earnings
approved 2022-06-06; registry 2022-06-08; journal 2022 429737
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 221 CONSULTING AS. Revenue 2.48m NOK → 1.89m NOK (-23.9%). Net result +503.0k NOK → +270.0k NOK. Equity 1.38m NOK → 1.14m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 221 CONSULTING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.48m NOK to 1.89m NOK (-23.9% YoY). Calculated
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↓
Operating result weakened
Operating result +645.0k NOK → +352.0k NOK (op. margin 26.0% → 18.6%). Calculated
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↓
Net result weakened
Net result +503.0k NOK → +270.0k NOK (net margin 20.2% → 14.3%). Calculated
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↓
Equity eroded
Book equity 1.38m NOK → 1.14m NOK (equity ratio 70.0% → 56.1%). Calculated
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↓
Cash fell
Bank deposits 866.0k NOK → 762.0k NOK (-12.0% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 0 NOK → 375.0k NOK. Reported fact