FirmaIQ
Org.nr 930 664 758 2020 → 2021 Year-over-year analysis

A HILLESTAD AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-18; registry 2022-06-18; journal 2022 443648

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A HILLESTAD AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.85m NOK → +2.84m NOK. Equity 33.29m NOK → 28.94m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-1.07m NOK -692.0k NOK
+35.5%
Net result
+1.85m NOK +2.84m NOK
+53.3%
Equity
33.29m NOK 28.94m NOK
-13.1%
Cash
635.5k NOK 709.0k NOK
+11.6%
Total assets
34.52m NOK 29.20m NOK
-15.4%

What improved

  • ↑

    Operating result improved

    Operating result -1.07m NOK → -692.0k NOK. Calculated

  • ↑

    Net result improved

    Net result +1.85m NOK → +2.84m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 635.5k NOK → 709.0k NOK (+11.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 299.7k NOK → 1 273 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 33.29m NOK → 28.94m NOK (equity ratio 96.5% → 99.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.09m NOK → 95.0k NOK. Reported fact