FirmaIQ
Org.nr 995 453 975 2020 → 2021 Year-over-year analysis

24FITNESS AS: årsregnskap 2021 vs 2020

Grew 34% on revenue, returned to profit

registry 2022-08-13; journal 2022 856994

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 24FITNESS AS. Revenue 11.05m NOK → 14.83m NOK (+34.2%). Net result -310.3k NOK → +139.7k NOK. Equity 1.14m NOK → 2.28m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 24FITNESS AS.

At a glance

Scorecard

Revenue
11.05m NOK 14.83m NOK
+34.2%
Operating result
-308.0k NOK +372.8k NOK
+221.0%
Net result
-310.3k NOK +139.7k NOK
+145.0%
Equity
1.14m NOK 2.28m NOK
+99.6%
Cash
465.9k NOK 763.3k NOK
+63.8%
Total assets
2.11m NOK 3.10m NOK
+47.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.05m NOK to 14.83m NOK (+34.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -308.0k NOK → +372.8k NOK (op. margin -2.8% → 2.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 310.3k NOK to a profit of 139.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.14m NOK → 2.28m NOK (equity ratio 54.4% → 73.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 465.9k NOK → 763.3k NOK (+63.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.59m NOK → 8.36m NOK (+26.8% YoY). Calculated