24/7 BUDSERVICE AS: årsregnskap 2021 vs 2020
Grew 88% on revenue, stronger earnings
approved 2022-06-30; registry 2022-08-09; journal 2022 886293
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 24/7 BUDSERVICE AS. Revenue 1.72m NOK → 3.22m NOK (+87.5%). Net result -216.7k NOK → -146.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 24/7 BUDSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.72m NOK to 3.22m NOK (+87.5% YoY). Calculated
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Operating result improved
Operating result -225.3k NOK → -139.3k NOK (op. margin -13.1% → -4.3%). Calculated
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Net result improved
Net result -216.7k NOK → -146.2k NOK (net margin -12.6% → -4.5%). Calculated
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Cash rose
Bank deposits 1 NOK → 17.2k NOK (+1715500.0% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 4.64× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 280.0k NOK → 480 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 343.0k NOK → 671.5k NOK (20% → 21% of revenue). Calculated
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COGS moved
COGS / varekostnad 459.3k NOK → 645.4k NOK (+40.5% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 1.5. Reported fact