FirmaIQ
Org.nr 811 599 492 2020 → 2021 Year-over-year analysis

2Ø SERVICE AS: årsregnskap 2021 vs 2020

Shrank 66% on revenue, cash halved-plus

approved 2022-04-24; registry 2022-06-07; journal 2022 346174

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2Ø SERVICE AS. Revenue 195.3k NOK → 66.1k NOK (-66.1%). Net result +20.0k NOK → +14.6k NOK. Equity 91.8k NOK → 30.4k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
195.3k NOK 66.1k NOK
-66.1%
Operating result
+24.3k NOK +17.1k NOK
-29.8%
Net result
+20.0k NOK +14.6k NOK
-27.4%
Equity
91.8k NOK 30.4k NOK
-66.9%
Cash
179.9k NOK 35.1k NOK
-80.5%
Total assets
619.6k NOK 217.3k NOK
-64.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 195.3k NOK to 66.1k NOK (-66.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +24.3k NOK → +17.1k NOK (op. margin 12.4% → 25.8%). Calculated

  • ↓

    Net result weakened

    Net result +20.0k NOK → +14.6k NOK (net margin 10.3% → 22.0%). Calculated

  • ↓

    Equity eroded

    Book equity 91.8k NOK → 30.4k NOK (equity ratio 14.8% → 14.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 179.9k NOK → 35.1k NOK (-80.5% YoY). Calculated