Org.nr 918 502 742 2020 → 2021 Year-over-year analysis

2FAST AS: årsregnskap 2021 vs 2020

Shrank 99% on revenue, stronger earnings

approved 2022-06-30; registry 2022-07-12; journal 2022 691010

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2FAST AS. Revenue 619.8k NOK → 7 826 NOK (-98.7%). Net result +97.3k NOK → +158.4k NOK. Equity -101.3k NOK → 57.0k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

Scorecard

Revenue
619.8k NOK 7 826 NOK
-98.7%
Operating result
+97.3k NOK +169.9k NOK
+74.6%
Net result
+97.3k NOK +158.4k NOK
+62.8%
Equity
-101.3k NOK 57.0k NOK
+156.3%
Cash
-322 NOK 8 652 NOK
+2787.0%
Total assets
1 678 NOK 105.8k NOK
+6205.2%

What improved

  • ↑

    Operating result improved

    Operating result +97.3k NOK → +169.9k NOK (op. margin 15.7% → 2170.5%). Calculated

  • ↑

    Net result improved

    Net result +97.3k NOK → +158.4k NOK (net margin 15.7% → 2023.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -101.3k NOK → 57.0k NOK (equity ratio -6037.5% → 53.9%). Calculated

  • ↑

    Cash rose

    Bank deposits -322 NOK → 8 652 NOK (+2787.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -0.00× → 2.17×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 619.8k NOK to 7 826 NOK (-98.7% YoY). Calculated