Org.nr 987 494 913 2020 → 2021 Year-over-year analysis

58N EIENDOM AS: årsregnskap 2021 vs 2020

Grew 5979% on revenue, stronger earnings

registry 2022-06-23; journal 2022 501601

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 58N EIENDOM AS. Revenue 24.9k NOK → 1.51m NOK (+5978.7%). Net result +2.27m NOK → +4.73m NOK. Equity 22.64m NOK → 27.37m NOK.

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

Also worth watching: payroll increased; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 58N EIENDOM AS.

Scorecard

Revenue
24.9k NOK 1.51m NOK
+5978.7%
Operating result
+286.1k NOK +726.4k NOK
+153.9%
Net result
+2.27m NOK +4.73m NOK
+108.4%
Equity
22.64m NOK 27.37m NOK
+20.9%
Cash
19.5k NOK 5.96m NOK
+30424.6%
Total assets
24.83m NOK 35.98m NOK
+44.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.9k NOK to 1.51m NOK (+5978.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +286.1k NOK → +726.4k NOK (op. margin 1149.6% → 48.0%). Calculated

  • ↑

    Net result improved

    Net result +2.27m NOK → +4.73m NOK (net margin 9120.4% → 312.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 22.64m NOK → 27.37m NOK (equity ratio 91.2% → 76.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.5k NOK → 5.96m NOK (+30424.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 39.9k NOK → 3.18m NOK (160% → 210% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.39m NOK → 18.84m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.2. Reported fact