2COM AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, returned to profit
approved 2022-05-27; registry 2022-07-13; journal 2022 697732
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2COM AS. Revenue 546.6k NOK → 514.5k NOK (-5.9%). Net result -250.6k NOK → +563.9k NOK. Equity 8.86m NOK → 10.53m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 2COM AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 250.6k NOK to a profit of 563.9k NOK. Calculated
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↑
Equity strengthened
Book equity 8.86m NOK → 10.53m NOK. Calculated
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↑
Cash rose
Bank deposits 356.8k NOK → 553.2k NOK (+55.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 546.6k NOK to 514.5k NOK (-5.9% YoY). Calculated
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↓
Operating result weakened
Operating result -406.6k NOK → -586.6k NOK (op. margin -74.4% → -114.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 8.52× → -14.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 83.3k NOK → 1.11m NOK (15% → 216% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3 479 NOK → -1 776 NOK (-151.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.85m NOK → 3.84m NOK. Reported fact