Org.nr 985 465 738 2020 → 2021 Year-over-year analysis

A'HEAD EXECUTIVE AS: årsregnskap 2021 vs 2020

Grew 39% on revenue, returned to profit

approved 2022-03-24; registry 2022-06-14; journal 2022 424232

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A'HEAD EXECUTIVE AS. Revenue 5.52m NOK → 7.66m NOK (+38.6%). Net result -154.7k NOK → +135.5k NOK. Equity 105.4k NOK → 240.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A'HEAD EXECUTIVE AS.

Scorecard

Revenue
5.52m NOK 7.66m NOK
+38.6%
Operating result
-195.6k NOK +177.2k NOK
+190.6%
Net result
-154.7k NOK +135.5k NOK
+187.6%
Equity
105.4k NOK 240.9k NOK
+128.5%
Cash
601.6k NOK 674.6k NOK
+12.1%
Total assets
1.07m NOK 2.16m NOK
+101.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.52m NOK to 7.66m NOK (+38.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -195.6k NOK → +177.2k NOK (op. margin -3.5% → 2.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 154.7k NOK to a profit of 135.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 105.4k NOK → 240.9k NOK (equity ratio 9.9% → 11.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 601.6k NOK → 674.6k NOK (+12.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 259.0k NOK → 497.2k NOK (+92.0% YoY). Calculated