FirmaIQ
Org.nr 992 784 490 2020 → 2021 Year-over-year analysis

3B FLISLEGGER AS: årsregnskap 2021 vs 2020

Grew 32% on revenue, stronger earnings

approved 2022-05-10; registry 2022-05-28; journal 2022 282913

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 3B FLISLEGGER AS. Revenue 9.66m NOK → 12.75m NOK (+32.0%). Net result +2.18m NOK → +3.31m NOK. Equity 12.14m NOK → 447.8k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for 3B FLISLEGGER AS.

At a glance

Scorecard

Revenue
9.66m NOK 12.75m NOK
+32.0%
Operating result
+2.77m NOK +4.23m NOK
+52.6%
Net result
+2.18m NOK +3.31m NOK
+51.5%
Equity
12.14m NOK 447.8k NOK
-96.3%
Cash
3.01m NOK 4.60m NOK
+53.1%
Total assets
4.05m NOK 5.64m NOK
+39.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.66m NOK to 12.75m NOK (+32.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.77m NOK → +4.23m NOK (op. margin 28.7% → 33.1%). Calculated

  • ↑

    Net result improved

    Net result +2.18m NOK → +3.31m NOK (net margin 22.6% → 25.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.01m NOK → 4.60m NOK (+53.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.14m NOK → 447.8k NOK (equity ratio 300.0% → 7.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.83m NOK → 4.84m NOK (40% → 38% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.14m NOK → 2.72m NOK (+27.0% YoY). Calculated