3GULV AS: årsregnskap 2021 vs 2020
Grew 62% on revenue, returned to profit
approved 2022-05-30; registry 2022-06-01; journal 2022 389649
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3GULV AS. Revenue 1.82m NOK → 2.96m NOK (+62.4%). Net result -102.0k NOK → +260.2k NOK. Equity 53.1k NOK → 313.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3GULV AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.82m NOK to 2.96m NOK (+62.4% YoY). Calculated
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Operating result improved
Operating result -101.0k NOK → +280.7k NOK (op. margin -5.5% → 9.5%). Calculated
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Turned profitable
Net result flipped from a loss of 102.0k NOK to a profit of 260.2k NOK. Calculated
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Equity strengthened
Book equity 53.1k NOK → 313.3k NOK (equity ratio 15.0% → 39.7%). Calculated
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Cash rose
Bank deposits 288.6k NOK → 320.4k NOK (+11.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.22m NOK → 1.79m NOK (67% → 60% of revenue). Calculated
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COGS moved
COGS / varekostnad 404.1k NOK → 544.1k NOK (+34.6% YoY). Calculated