FirmaIQ
Org.nr 919 139 420 2020 → 2021 Year-over-year analysis

4SUBSEA ASTORI AS: årsregnskap 2021 vs 2020

Grew 97% on revenue, stronger earnings

registry 2022-07-23; journal 2022 690330

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 4SUBSEA ASTORI AS. Revenue 16.53m NOK → 32.54m NOK (+96.9%). Net result +1.88m NOK → +4.61m NOK. Equity 6.31m NOK → 10.92m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4SUBSEA ASTORI AS.

At a glance

Scorecard

Revenue
16.53m NOK 32.54m NOK
+96.9%
Operating result
+2.45m NOK +5.92m NOK
+141.8%
Net result
+1.88m NOK +4.61m NOK
+145.8%
Equity
6.31m NOK 10.92m NOK
+73.1%
Cash
3.96m NOK 9.39m NOK
+137.1%
Total assets
15.30m NOK 21.03m NOK
+37.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.53m NOK to 32.54m NOK (+96.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.45m NOK → +5.92m NOK (op. margin 14.8% → 18.2%). Calculated

  • ↑

    Net result improved

    Net result +1.88m NOK → +4.61m NOK (net margin 11.3% → 14.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.31m NOK → 10.92m NOK (equity ratio 41.2% → 51.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.96m NOK → 9.39m NOK (+137.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.92m NOK → 11.47m NOK (42% → 35% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.74m NOK → 12.82m NOK (+170.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.8k NOK → 5 818 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 9. Reported fact