33EIENDOM AS: årsregnskap 2021 vs 2020
Shrank 72% on revenue, returned to profit
approved 2022-05-18; registry 2022-05-23; journal 2022 319447
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 33EIENDOM AS. Revenue 547.7k NOK → 156.0k NOK (-71.5%). Net result -50.3k NOK → +13.98m NOK. Equity 1.26m NOK → 15.11m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 33EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +121.1k NOK → +559.1k NOK (op. margin 22.1% → 358.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 50.3k NOK to a profit of 13.98m NOK. Calculated
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↑
Equity strengthened
Book equity 1.26m NOK → 15.11m NOK (equity ratio 15.5% → 66.5%). Calculated
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↑
Cash rose
Bank deposits 84.5k NOK → 293.1k NOK (+246.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.32× → 1.44×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 547.7k NOK to 156.0k NOK (-71.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 15.2k NOK → 7 481 NOK (-50.8% YoY). Calculated