Org.nr 925 151 564 2020 → 2021 Year-over-year analysis

5-PLUSS AS: årsregnskap 2021 vs 2020

Grew 668% on revenue, stronger earnings

approved 2022-06-14; registry 2022-07-26; journal 2022 712046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 5-PLUSS AS. Revenue 1.08m NOK → 8.27m NOK (+667.7%). Net result +58.6k NOK → +1.38m NOK. Equity 552.0k NOK → 928.4k NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 5-PLUSS AS.

Scorecard

Revenue
1.08m NOK 8.27m NOK
+667.7%
Operating result
+73.3k NOK +1.76m NOK
+2307.1%
Net result
+58.6k NOK +1.38m NOK
+2248.0%
Equity
552.0k NOK 928.4k NOK
+68.2%
Cash
331.8k NOK 458.7k NOK
+38.3%
Total assets
1.27m NOK 4.01m NOK
+216.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.08m NOK to 8.27m NOK (+667.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +73.3k NOK → +1.76m NOK (op. margin 6.8% → 21.3%). Calculated

  • ↑

    Net result improved

    Net result +58.6k NOK → +1.38m NOK (net margin 5.4% → 16.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 552.0k NOK → 928.4k NOK (equity ratio 43.5% → 23.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 331.8k NOK → 458.7k NOK (+38.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 493.4k NOK → 500 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1 729 NOK → 4.79m NOK (0% → 58% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 28.9k NOK → 70.4k NOK (+143.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 6. Reported fact