Org.nr 998 460 794 2020 → 2021 Year-over-year analysis

A HOFF EIENDOM AS: årsregnskap 2021 vs 2020

Grew 102541% on revenue, weaker earnings, cash halved-plus

approved 2022-07-08; registry 2022-07-20; journal 2022 741190

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A HOFF EIENDOM AS. Revenue 912 NOK → 936.1k NOK (+102541.4%). Net result +11.34m NOK → +375.5k NOK. Equity 1.09m NOK → 1.01m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
912 NOK 936.1k NOK
+102541.4%
Operating result
+569.5k NOK +601.4k NOK
+5.6%
Net result
+11.34m NOK +375.5k NOK
-96.7%
Equity
1.09m NOK 1.01m NOK
-6.8%
Cash
76.7k NOK 910 NOK
-98.8%
Total assets
5.13m NOK 5.46m NOK
+6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 912 NOK to 936.1k NOK (+102541.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +569.5k NOK → +601.4k NOK (op. margin 62449.7% → 64.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +11.34m NOK → +375.5k NOK (net margin 1243562.9% → 40.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1.09m NOK → 1.01m NOK (equity ratio 21.2% → 18.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 76.7k NOK → 910 NOK (-98.8% YoY). Calculated