FirmaIQ
Org.nr 976 813 332 2020 → 2021 Year-over-year analysis

24/7 EKSPRESS AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-06-30; registry 2022-07-12; journal 2022 628189

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 24/7 EKSPRESS AS. Revenue 24.16m NOK → 25.11m NOK (+4.0%). Net result -313.4k NOK → +401.4k NOK. Equity 2.95m NOK → 3.35m NOK.

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

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 24/7 EKSPRESS AS.

At a glance

Scorecard

Revenue
24.16m NOK 25.11m NOK
+4.0%
Operating result
-391.8k NOK +496.2k NOK
+226.7%
Net result
-313.4k NOK +401.4k NOK
+228.1%
Equity
2.95m NOK 3.35m NOK
+13.6%
Cash
1.85m NOK 3.34m NOK
+79.9%
Total assets
7.35m NOK 8.43m NOK
+14.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.16m NOK to 25.11m NOK (+4.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -391.8k NOK → +496.2k NOK (op. margin -1.6% → 2.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 313.4k NOK to a profit of 401.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.95m NOK → 3.35m NOK (equity ratio 40.2% → 39.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.85m NOK → 3.34m NOK (+79.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.80m NOK → 2.35m NOK (7% → 9% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 18.41m NOK → 17.23m NOK (-6.4% YoY). Calculated