FirmaIQ
Org.nr 994 495 658 2020 → 2021 Year-over-year analysis

8M CONSULTING AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, returned to profit

approved 2022-02-25; registry 2022-03-07; journal 2022 136694

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 8M CONSULTING AS. Revenue 476.1k NOK → 577.9k NOK (+21.4%). Net result -5 376 NOK → +7 615 NOK. Equity 109.7k NOK → 117.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 8M CONSULTING AS.

At a glance

Scorecard

Revenue
476.1k NOK 577.9k NOK
+21.4%
Operating result
-5 516 NOK +7 567 NOK
+237.2%
Net result
-5 376 NOK +7 615 NOK
+241.6%
Equity
109.7k NOK 117.3k NOK
+6.9%
Cash
165.6k NOK 200.8k NOK
+21.3%
Total assets
234.0k NOK 410.0k NOK
+75.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 476.1k NOK to 577.9k NOK (+21.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -5 516 NOK → +7 567 NOK (op. margin -1.2% → 1.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 376 NOK to a profit of 7 615 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 109.7k NOK → 117.3k NOK (equity ratio 46.9% → 28.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 165.6k NOK → 200.8k NOK (+21.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 45.3k NOK → -20.8k NOK (-146.0% YoY). Calculated