FirmaIQ
Org.nr 911 689 138 2020 → 2021 Year-over-year analysis

A. HAARSTAD ELEKTRO AS: årsregnskap 2021 vs 2020

Grew 257% on revenue, returned to profit

approved 2022-05-30; registry 2022-08-02; journal 2022 862622

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. HAARSTAD ELEKTRO AS. Revenue 12.2k NOK → 43.4k NOK (+256.9%). Net result -2 953 NOK → +16.2k NOK. Equity 51.1k NOK → 67.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. HAARSTAD ELEKTRO AS.

At a glance

Scorecard

Revenue
12.2k NOK 43.4k NOK
+256.9%
Operating result
-2 953 NOK +16.2k NOK
+650.3%
Net result
-2 953 NOK +16.2k NOK
+650.3%
Equity
51.1k NOK 67.3k NOK
+31.7%
Cash
41.2k NOK 36.7k NOK
-10.9%
Total assets
55.3k NOK 73.2k NOK
+32.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.2k NOK to 43.4k NOK (+256.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2 953 NOK → +16.2k NOK (op. margin -24.3% → 37.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 953 NOK to a profit of 16.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 51.1k NOK → 67.3k NOK (equity ratio 92.4% → 91.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 41.2k NOK → 36.7k NOK (-10.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 10.3k NOK → 22.1k NOK (+115.1% YoY). Calculated