Org.nr 989 228 811 2020 → 2021 Year-over-year analysis

88 HOLDING AS: årsregnskap 2021 vs 2020

Grew 468% on revenue

approved 2022-06-24; registry 2022-08-10; journal 2022 836739

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 88 HOLDING AS. Revenue 451.1k NOK → 2.56m NOK (+467.5%). Net result +846.9k NOK → +982.9k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.

At a glance

Revenue

451.1k NOK 2.56m NOK

+467.5%

Operating result

+646.8k NOK +444.6k NOK

-31.3%

Net result

+846.9k NOK +982.9k NOK

+16.1%

Equity

n/m 8.59m NOK

—

Cash

265.5k NOK 389.7k NOK

+46.7%

Total assets

19.95m NOK 19.85m NOK

-0.5%

↑
Revenue rose

Operating income / revenue moved from 451.1k NOK to 2.56m NOK (+467.5% YoY). Calculated
↑
Net result improved

Net result +846.9k NOK → +982.9k NOK (net margin 187.7% → 38.4%). Calculated
↑
Cash rose

Bank deposits 265.5k NOK → 389.7k NOK (+46.7% YoY). Calculated

↓
Operating result weakened

Operating result +646.8k NOK → +444.6k NOK (op. margin 143.4% → 17.4%). Calculated

·
Book investments changed

Investment / intangible book value 400.0k NOK → 953.2k NOK. Reported fact