Org.nr 919 400 072 2020 → 2021 Year-over-year analysis

A. KVALSUND AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, slipped into loss

approved 2022-03-14; registry 2022-03-31; journal 2022 177351

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A. KVALSUND AS. Revenue 2.20m NOK → 1.91m NOK (-13.3%). Net result +176.2k NOK → -312.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
2.20m NOK 1.91m NOK
-13.3%
Operating result
+192.6k NOK -292.5k NOK
-251.8%
Net result
+176.2k NOK -312.8k NOK
-277.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.20m NOK to 1.91m NOK (-13.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +192.6k NOK → -292.5k NOK (op. margin 8.7% → -15.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 176.2k NOK profit to a loss of 312.8k NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 368.1k NOK → 236.1k NOK (-35.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 27.0k NOK → 13.5k NOK. Reported fact