5T STYLE AS: årsregnskap 2021 vs 2020
Grew 37% on revenue, stronger earnings
registry 2022-07-23; journal 2022 766292
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 5T STYLE AS. Revenue 921 NOK → 1 265 NOK (+37.4%). Net result 0 NOK → +22.2k NOK. Equity 0 NOK → 46.6k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 5T STYLE AS.
At a glance
Scorecard
Revenue
921 NOK
1 265 NOK
+37.4%
Operating result
n/m
+28.4k NOK
—
Net result
0 NOK
+22.2k NOK
—
Equity
0 NOK
46.6k NOK
—
Cash
n/m
300.3k NOK
—
Total assets
0 NOK
790.8k NOK
—
What improved
-
↑
Revenue rose
Operating income / revenue moved from 921 NOK to 1 265 NOK (+37.4% YoY). Calculated
-
↑
Net result improved
Net result 0 NOK → +22.2k NOK (net margin 0.0% → 1753.1%). Calculated
-
↑
Equity strengthened
Book equity 0 NOK → 46.6k NOK. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation