A HELGESEN EIENDOM AS: årsregnskap 2021 vs 2020
Grew 8% on revenue, weaker earnings
approved 2022-08-16; registry 2022-08-22; journal 2022 905214
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A HELGESEN EIENDOM AS. Revenue 1.50m NOK → 1.63m NOK (+8.3%). Net result -175.5k NOK → -2.63m NOK. Equity 4.55m NOK → 1.92m NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.50m NOK to 1.63m NOK (+8.3% YoY). Calculated
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Cash rose
Bank deposits 53.8k NOK → 247.1k NOK (+359.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.69× → 1.11×. Calculated
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Payroll decreased
Salary cost 2.00m NOK → 931.3k NOK (133% → 57% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -225.4k NOK → -3.31m NOK (op. margin -15.0% → -203.2%). Calculated
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↓
Net result weakened
Net result -175.5k NOK → -2.63m NOK (net margin -11.7% → -161.7%). Calculated
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↓
Equity eroded
Book equity 4.55m NOK → 1.92m NOK (equity ratio 75.8% → 31.4%). Calculated