Org.nr 925 984 760 2020 → 2021 Year-over-year analysis

40 GRADER AS: årsregnskap 2021 vs 2020

Weaker earnings, fresh owner capital

approved 2022-06-27; registry 2022-06-29; journal 2022 550915

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 40 GRADER AS. Revenue 0 NOK → 3.70m NOK. Net result -28.8k NOK → -263.3k NOK. Equity 3.07m NOK → 2.81m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
0 NOK 3.70m NOK
—
Operating result
-23.8k NOK -224.9k NOK
-845.8%
Net result
-28.8k NOK -263.3k NOK
-815.0%
Equity
3.07m NOK 2.81m NOK
-8.6%
Cash
1 235 NOK 368.4k NOK
+29733.4%
Total assets
4.67m NOK 4.32m NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 3.70m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1 235 NOK → 368.4k NOK (+29733.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -5200.81× → 44.54×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3 100 NOK → 3.10m NOK (+3.10m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -23.8k NOK → -224.9k NOK. Calculated

  • ↓

    Net result weakened

    Net result -28.8k NOK → -263.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.07m NOK → 2.81m NOK (equity ratio 65.8% → 65.1%). Calculated