Org.nr 918 478 566 2020 → 2021 Year-over-year analysis

64GRADERNORD AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue, slipped into loss

approved 2022-08-19; registry 2022-08-29; journal 2022 906462

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 64GRADERNORD AS. Revenue 9.42m NOK → 8.83m NOK (-6.3%). Net result +527.2k NOK → -440.8k NOK. Equity 294.5k NOK → 853.7k NOK.

On the constructive side: equity strengthened. 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 64GRADERNORD AS.

Scorecard

Revenue
9.42m NOK 8.83m NOK
-6.3%
Operating result
+660.8k NOK -438.7k NOK
-166.4%
Net result
+527.2k NOK -440.8k NOK
-183.6%
Equity
294.5k NOK 853.7k NOK
+189.8%
Cash
2.07m NOK 1.37m NOK
-33.7%
Total assets
3.38m NOK 2.33m NOK
-31.2%

What improved

  • ↑

    Equity strengthened

    Book equity 294.5k NOK → 853.7k NOK (equity ratio 8.7% → 36.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.42m NOK to 8.83m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +660.8k NOK → -438.7k NOK (op. margin 7.0% → -5.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 527.2k NOK profit to a loss of 440.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 2.07m NOK → 1.37m NOK (-33.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 21.3k NOK → 10.4k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 10 → 13. Reported fact