FirmaIQ
Org.nr 912 897 850 2020 → 2021 Year-over-year analysis

A HØIBO AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, weaker earnings

approved 2022-04-06; registry 2022-05-03; journal 2022 198841

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A HØIBO AS. Revenue 26.90m NOK → 31.62m NOK (+17.6%). Net result +1.01m NOK → +441.3k NOK. Equity 17.56m NOK → 18.00m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A HØIBO AS.

At a glance

Scorecard

Revenue
26.90m NOK 31.62m NOK
+17.6%
Operating result
+1.24m NOK +560.0k NOK
-54.7%
Net result
+1.01m NOK +441.3k NOK
-56.5%
Equity
17.56m NOK 18.00m NOK
+2.5%
Cash
14.45m NOK 9.47m NOK
-34.5%
Total assets
21.25m NOK 23.45m NOK
+10.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.90m NOK to 31.62m NOK (+17.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 17.56m NOK → 18.00m NOK (equity ratio 82.6% → 76.7%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.24m NOK → +560.0k NOK (op. margin 4.6% → 1.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.01m NOK → +441.3k NOK (net margin 3.8% → 1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.45m NOK → 9.47m NOK (-34.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.98m NOK → 4.43m NOK (15% → 14% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 18.31m NOK → 23.14m NOK (+26.4% YoY). Calculated