5 STAR AS: årsregnskap 2021 vs 2020
Shrank 18% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-04; journal 2022 605804
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 5 STAR AS. Revenue 725.9k NOK → 597.4k NOK (-17.7%). Net result -163.0k NOK → -37.2k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 5 STAR AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -163.0k NOK → -37.1k NOK (op. margin -22.5% → -6.2%). Calculated
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↑
Net result improved
Net result -163.0k NOK → -37.2k NOK (net margin -22.5% → -6.2%). Calculated
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↑
Cash rose
Bank deposits 197.9k NOK → 366.3k NOK (+85.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 725.9k NOK to 597.4k NOK (-17.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 653.8k NOK → 400.0k NOK (-38.8% YoY). Calculated