Org.nr 921 117 736 2020 → 2021 Year-over-year analysis

A. ANDERSEN SHIPPING AS: årsregnskap 2021 vs 2020

Grew 3166% on revenue, stronger earnings

approved 2022-06-22; registry 2022-06-25; journal 2022 511073

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A. ANDERSEN SHIPPING AS. Revenue 5 383 NOK → 175.8k NOK (+3166.3%). Net result -225.3k NOK → -20.0k NOK. Equity -200.8k NOK → -220.7k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. ANDERSEN SHIPPING AS.

Scorecard

Revenue
5 383 NOK 175.8k NOK
+3166.3%
Operating result
-225.3k NOK -19.5k NOK
+91.4%
Net result
-225.3k NOK -20.0k NOK
+91.1%
Equity
-200.8k NOK -220.7k NOK
-10.0%
Cash
561 NOK 83.7k NOK
+14821.9%
Total assets
10.6k NOK 101.2k NOK
+858.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5 383 NOK to 175.8k NOK (+3166.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -225.3k NOK → -19.5k NOK (op. margin -4184.9% → -11.1%). Calculated

  • ↑

    Net result improved

    Net result -225.3k NOK → -20.0k NOK (net margin -4184.9% → -11.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 561 NOK → 83.7k NOK (+14821.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5 180 NOK → 0 NOK (96% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -200.8k NOK → -220.7k NOK (equity ratio -1901.0% → -218.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 7 500 NOK. Reported fact