FirmaIQ
Org.nr 997 044 436 2020 → 2021 Year-over-year analysis

A. HÅGENSEN AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

registry 2022-05-12; journal 2022 286597

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. HÅGENSEN AS. Net result +323.9k NOK → +460.7k NOK. Equity 5.18m NOK → 5.64m NOK.

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

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

At a glance

Scorecard

Operating result
-18.9k NOK -15.4k NOK
+18.5%
Net result
+323.9k NOK +460.7k NOK
+42.2%
Equity
5.18m NOK 5.64m NOK
+8.9%
Cash
482.3k NOK 65.6k NOK
-86.4%
Total assets
5.49m NOK 5.90m NOK
+7.5%

What improved

  • ↑

    Operating result improved

    Operating result -18.9k NOK → -15.4k NOK. Calculated

  • ↑

    Net result improved

    Net result +323.9k NOK → +460.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5.18m NOK → 5.64m NOK (equity ratio 94.3% → 95.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 482.3k NOK → 65.6k NOK (-86.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.71× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.93m NOK → 1.80m NOK. Reported fact