24 T ELEKTRO AS: årsregnskap 2021 vs 2020
Grew 29% on revenue, returned to profit
approved 2022-08-01; registry 2022-08-17; journal 2022 875477
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 24 T ELEKTRO AS. Revenue 5.17m NOK → 6.67m NOK (+29.0%). Net result -761.5k NOK → +53.0k NOK. Equity -731.5k NOK → -678.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24 T ELEKTRO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.17m NOK to 6.67m NOK (+29.0% YoY). Calculated
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Operating result improved
Operating result -759.8k NOK → +76.3k NOK (op. margin -14.7% → 1.1%). Calculated
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Turned profitable
Net result flipped from a loss of 761.5k NOK to a profit of 53.0k NOK. Calculated
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Equity strengthened
Book equity -731.5k NOK → -678.5k NOK (equity ratio -133.9% → -100.1%). Calculated
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Cash rose
Bank deposits 197.8k NOK → 361.4k NOK (+82.7% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 711.2k NOK → 239.6k NOK (-66.3% YoY). Calculated