Org.nr 924 413 530 2020 → 2021 Year-over-year analysis

A/B MUR AS: årsregnskap 2021 vs 2020

Grew 151004% on revenue, stronger earnings, cash halved-plus

approved 2022-06-30; registry 2022-07-18; journal 2022 722910

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A/B MUR AS. Revenue 2 184 NOK → 3.30m NOK (+151004.2%). Net result +266.2k NOK → +399.5k NOK. Equity 10.29m NOK → 690.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/B MUR AS.

Scorecard

Revenue
2 184 NOK 3.30m NOK
+151004.2%
Operating result
+340.2k NOK +513.7k NOK
+51.0%
Net result
+266.2k NOK +399.5k NOK
+50.1%
Equity
10.29m NOK 690.1k NOK
-93.3%
Cash
212.3k NOK 60.5k NOK
-71.5%
Total assets
683.6k NOK 498.6k NOK
-27.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 184 NOK to 3.30m NOK (+151004.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +340.2k NOK → +513.7k NOK (op. margin 15576.4% → 15.6%). Calculated

  • ↑

    Net result improved

    Net result +266.2k NOK → +399.5k NOK (net margin 12188.0% → 12.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.29m NOK → 690.1k NOK (equity ratio 1505.4% → 138.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 212.3k NOK → 60.5k NOK (-71.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.63× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 783.5k NOK → 1 078 NOK (-99.9% YoY). Calculated