Org.nr 993 370 762 2020 → 2021 Year-over-year analysis

88 EIENDOM AS: årsregnskap 2021 vs 2020

Grew 7% on revenue, stronger earnings, cash halved-plus

approved 2022-04-05; registry 2022-05-02; journal 2022 248005

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 88 EIENDOM AS. Revenue 318.1k NOK → 340.7k NOK (+7.1%). Net result -101.9k NOK → -34.8k NOK. Equity 1.49m NOK → 1.45m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
318.1k NOK 340.7k NOK
+7.1%
Operating result
-84.7k NOK -16.9k NOK
+80.0%
Net result
-101.9k NOK -34.8k NOK
+65.9%
Equity
1.49m NOK 1.45m NOK
-2.3%
Cash
52.5k NOK 12.5k NOK
-76.2%
Total assets
2.55m NOK 2.32m NOK
-9.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 318.1k NOK to 340.7k NOK (+7.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -84.7k NOK → -16.9k NOK (op. margin -26.6% → -5.0%). Calculated

  • ↑

    Net result improved

    Net result -101.9k NOK → -34.8k NOK (net margin -32.0% → -10.2%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.49m NOK → 1.45m NOK (equity ratio 58.4% → 62.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 52.5k NOK → 12.5k NOK (-76.2% YoY). Calculated