9900WATT AS: årsregnskap 2021 vs 2020
Grew 13% on revenue, returned to profit
approved 2022-08-18; registry 2022-08-22; journal 2022 903454
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 9900WATT AS. Revenue 1.92m NOK → 2.17m NOK (+12.9%). Net result -66.8k NOK → +85.4k NOK. Equity -53.7k NOK → 31.7k 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 9900WATT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.92m NOK to 2.17m NOK (+12.9% YoY). Calculated
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Operating result improved
Operating result -56.1k NOK → +105.6k NOK (op. margin -2.9% → 4.9%). Calculated
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Turned profitable
Net result flipped from a loss of 66.8k NOK to a profit of 85.4k NOK. Calculated
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Equity strengthened
Book equity -53.7k NOK → 31.7k NOK (equity ratio -8.1% → 4.1%). Calculated
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Cash rose
Bank deposits -44.5k NOK → 28.1k NOK (+163.2% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.32m NOK → 1.16m NOK (-11.9% YoY). Calculated