36 HOLMEN AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, slipped into loss
approved 2022-02-25; registry 2022-05-19; journal 2022 241579
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 36 HOLMEN AS. Revenue 564.1k NOK → 638.9k NOK (+13.3%). Net result +48.4k NOK → -85.7k NOK. Equity 2.13m NOK → 2.04m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 36 HOLMEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 564.1k NOK to 638.9k NOK (+13.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +176.6k NOK → +60.5k NOK (op. margin 31.3% → 9.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 48.4k NOK profit to a loss of 85.7k NOK. Calculated
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↓
Equity eroded
Book equity 2.13m NOK → 2.04m NOK (equity ratio 33.3% → 20.3%). Calculated
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↓
Cash fell
Bank deposits 93.7k NOK → 51.9k NOK (-44.6% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2 172 NOK → 220.2k NOK (0% → 34% of revenue). Calculated