Org.nr 991 990 194 2020 → 2021 Year-over-year analysis

5B PROSJEKT AS: årsregnskap 2021 vs 2020

Grew 14% on revenue, weaker earnings

approved 2022-04-28; registry 2022-05-21; journal 2022 246835

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 5B PROSJEKT AS. Revenue 3.94m NOK → 4.51m NOK (+14.5%). Net result +905.5k NOK → +633.5k NOK. Equity 294.5k NOK → 928.0k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 5B PROSJEKT AS.

Scorecard

Revenue
3.94m NOK 4.51m NOK
+14.5%
Operating result
+206.1k NOK +2.16m NOK
+949.3%
Net result
+905.5k NOK +633.5k NOK
-30.0%
Equity
294.5k NOK 928.0k NOK
+215.1%
Cash
70.4k NOK 848.4k NOK
+1105.2%
Total assets
2.01m NOK 5.56m NOK
+177.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.94m NOK to 4.51m NOK (+14.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +206.1k NOK → +2.16m NOK (op. margin 5.2% → 47.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 294.5k NOK → 928.0k NOK (equity ratio 14.7% → 16.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 70.4k NOK → 848.4k NOK (+1105.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.82m NOK → 1.78m NOK (46% → 39% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +905.5k NOK → +633.5k NOK (net margin 23.0% → 14.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.02m NOK → 3.63m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1.4. Reported fact