FirmaIQ
Org.nr 917 615 772 2020 → 2021 Year-over-year analysis

2M&CO AS: årsregnskap 2021 vs 2020

Grew 53% on revenue

registry 2022-03-29; journal 2022 172804

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2M&CO AS. Revenue 420.7k NOK → 645.5k NOK (+53.4%). Net result +71.5k NOK → +84.7k NOK. Equity 1.69m NOK → 1.78m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2M&CO AS.

At a glance

Scorecard

Revenue
420.7k NOK 645.5k NOK
+53.4%
Operating result
+133.5k NOK +141.3k NOK
+5.8%
Net result
+71.5k NOK +84.7k NOK
+18.4%
Equity
1.69m NOK 1.78m NOK
+5.0%
Cash
319.8k NOK 395.4k NOK
+23.7%
Total assets
2.79m NOK 2.81m NOK
+0.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 420.7k NOK to 645.5k NOK (+53.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +133.5k NOK → +141.3k NOK (op. margin 31.7% → 21.9%). Calculated

  • ↑

    Net result improved

    Net result +71.5k NOK → +84.7k NOK (net margin 17.0% → 13.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.69m NOK → 1.78m NOK (equity ratio 60.5% → 63.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 319.8k NOK → 395.4k NOK (+23.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 92.0k NOK → 264.8k NOK (+187.9% YoY). Calculated