FirmaIQ
Org.nr 983 102 603 2020 → 2021 Year-over-year analysis

929 PRODUKSJON AS: årsregnskap 2021 vs 2020

Shrank 38% on revenue, weaker earnings

approved 2022-06-29; registry 2022-07-27; journal 2022 799756

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 929 PRODUKSJON AS. Revenue 4.69m NOK → 2.89m NOK (-38.3%). Net result +2.60m NOK → +867.9k NOK. Equity 6.01m NOK → 1.88m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 929 PRODUKSJON AS.

At a glance

Scorecard

Revenue
4.69m NOK 2.89m NOK
-38.3%
Operating result
+3.32m NOK +1.09m NOK
-67.3%
Net result
+2.60m NOK +867.9k NOK
-66.7%
Equity
6.01m NOK 1.88m NOK
-68.8%
Cash
5.25m NOK 6.19m NOK
+18.1%
Total assets
7.02m NOK 7.73m NOK
+10.1%

What improved

  • ↑

    Cash rose

    Bank deposits 5.25m NOK → 6.19m NOK (+18.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.69m NOK to 2.89m NOK (-38.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.32m NOK → +1.09m NOK (op. margin 70.8% → 37.6%). Calculated

  • ↓

    Net result weakened

    Net result +2.60m NOK → +867.9k NOK (net margin 55.5% → 30.0%). Calculated

  • ↓

    Equity eroded

    Book equity 6.01m NOK → 1.88m NOK (equity ratio 85.5% → 24.3%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact