Org.nr 820 366 042 2020 → 2021 Year-over-year analysis

361 VENTURES AS: årsregnskap 2021 vs 2020

Grew 46% on revenue, weaker earnings

approved 2022-06-28; registry 2022-07-04; journal 2022 607186

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 361 VENTURES AS. Revenue 865.2k NOK → 1.26m NOK (+45.5%). Net result -15.2k NOK → -38.7k NOK. Equity 228.9k NOK → 190.1k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 361 VENTURES AS.

Scorecard

Revenue
865.2k NOK 1.26m NOK
+45.5%
Operating result
-17.3k NOK -32.2k NOK
-85.8%
Net result
-15.2k NOK -38.7k NOK
-155.5%
Equity
228.9k NOK 190.1k NOK
-16.9%
Cash
103.3k NOK 347.2k NOK
+236.2%
Total assets
804.5k NOK 821.3k NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 865.2k NOK to 1.26m NOK (+45.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 103.3k NOK → 347.2k NOK (+236.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -17.3k NOK → -32.2k NOK (op. margin -2.0% → -2.6%). Calculated

  • ↓

    Net result weakened

    Net result -15.2k NOK → -38.7k NOK (net margin -1.8% → -3.1%). Calculated

  • ↓

    Equity eroded

    Book equity 228.9k NOK → 190.1k NOK (equity ratio 28.4% → 23.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.13× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 100.0k NOK → 139.9k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact