24 SHAPE UP AS: årsregnskap 2021 vs 2020
Grew 263105% on revenue, returned to profit, fresh owner capital
approved 2022-06-30; registry 2022-07-14; journal 2022 646066
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 24 SHAPE UP AS. Revenue 1 338 NOK → 3.52m NOK (+263105.0%). Net result -766.9k NOK → +44.7k NOK. Equity -666.9k NOK → 9.15m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 24 SHAPE UP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 338 NOK to 3.52m NOK (+263105.0% YoY). Calculated
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Operating result improved
Operating result -766.8k NOK → +73.6k NOK (op. margin -57312.2% → 2.1%). Calculated
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Turned profitable
Net result flipped from a loss of 766.9k NOK to a profit of 44.7k NOK. Calculated
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Equity strengthened
Book equity -666.9k NOK → 9.15m NOK (equity ratio -36.0% → 293.4%). Calculated
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Cash rose
Bank deposits 141.8k NOK → 609.5k NOK (+329.8% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1 339 NOK → 703.0k NOK (100% → 20% of revenue). Calculated
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COGS moved
COGS / varekostnad 184.5k NOK → 354.9k NOK (+92.3% YoY). Calculated