Org.nr 997 677 897 2020 → 2021 Year-over-year analysis

5B.NO AS: årsregnskap 2021 vs 2020

Shrank 49% on revenue, slipped into loss

approved 2022-07-12; registry 2022-07-14; journal 2022 706652

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 5B.NO AS. Revenue 2.55m NOK → 1.29m NOK (-49.5%). Net result +304.9k NOK → -318 NOK. Equity 12.69m NOK → 368.3k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5B.NO AS.

Scorecard

Revenue
2.55m NOK 1.29m NOK
-49.5%
Operating result
+392.5k NOK -316.0k NOK
-180.5%
Net result
+304.9k NOK -318 NOK
-100.1%
Equity
12.69m NOK 368.3k NOK
-97.1%
Cash
945.4k NOK 819.1k NOK
-13.4%
Total assets
526.3k NOK 1.39m NOK
+163.7%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.48× → 118.36×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.55m NOK to 1.29m NOK (-49.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +392.5k NOK → -316.0k NOK (op. margin 15.4% → -24.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 304.9k NOK profit to a loss of 318 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 12.69m NOK → 368.3k NOK (equity ratio 2410.6% → 26.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 945.4k NOK → 819.1k NOK (-13.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 24.8k NOK → 13.3k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 1. Reported fact