FirmaIQ
Org.nr 913 580 729 2020 → 2021 Year-over-year analysis

A BRAND AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-03-31; registry 2022-04-07; journal 2022 192795

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A BRAND AS. Revenue 1.34m NOK → 1.34m NOK (-0.1%). Net result +173.0k NOK → -127.9k NOK. Equity 235.6k NOK → 107.7k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
1.34m NOK 1.34m NOK
-0.1%
Operating result
+318.7k NOK +389.2k NOK
+22.1%
Net result
+173.0k NOK -127.9k NOK
-173.9%
Equity
235.6k NOK 107.7k NOK
-54.3%
Cash
525.7k NOK 421.1k NOK
-19.9%
Total assets
1.37m NOK 591.1k NOK
-56.9%

What improved

  • ↑

    Operating result improved

    Operating result +318.7k NOK → +389.2k NOK (op. margin 23.8% → 29.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.34m NOK to 1.34m NOK (-0.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 173.0k NOK profit to a loss of 127.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 235.6k NOK → 107.7k NOK (equity ratio 17.2% → 18.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 525.7k NOK → 421.1k NOK (-19.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 252.2k NOK → 334.1k NOK (19% → 25% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 99.7k NOK → 34.2k NOK (-65.7% YoY). Calculated