FirmaIQ
Org.nr 992 257 687 2020 → 2021 Year-over-year analysis

365 IDEER AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue, stronger earnings

approved 2022-02-16; registry 2022-03-05; journal 2022 133354

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 365 IDEER AS. Revenue 734.1k NOK → 686.4k NOK (-6.5%). Net result +28.0k NOK → +342.7k NOK. Equity 198.1k NOK → 465.9k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 365 IDEER AS.

At a glance

Scorecard

Revenue
734.1k NOK 686.4k NOK
-6.5%
Operating result
+24.6k NOK +374.8k NOK
+1426.0%
Net result
+28.0k NOK +342.7k NOK
+1125.9%
Equity
198.1k NOK 465.9k NOK
+135.1%
Cash
65.0k NOK 297.6k NOK
+357.8%
Total assets
349.5k NOK 673.9k NOK
+92.8%

What improved

  • ↑

    Operating result improved

    Operating result +24.6k NOK → +374.8k NOK (op. margin 3.3% → 54.6%). Calculated

  • ↑

    Net result improved

    Net result +28.0k NOK → +342.7k NOK (net margin 3.8% → 49.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 198.1k NOK → 465.9k NOK (equity ratio 56.7% → 69.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.0k NOK → 297.6k NOK (+357.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.11m NOK → 115.6k NOK (152% → 17% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 734.1k NOK to 686.4k NOK (-6.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 446.5k NOK → 1 130 NOK (-99.7% YoY). Calculated