FirmaIQ
Org.nr 932 404 141 2020 → 2021 Year-over-year analysis

A MIDDELTHON AS: årsregnskap 2021 vs 2020

Weaker earnings

registry 2022-05-16; journal 2022 302758

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A MIDDELTHON AS. Revenue 3.13m NOK → 3.14m NOK (+0.2%). Net result +1.47m NOK → +1.09m NOK. Equity 6.48m NOK → 550.2k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for A MIDDELTHON AS.

At a glance

Scorecard

Revenue
3.13m NOK 3.14m NOK
+0.2%
Operating result
+2.21m NOK +1.69m NOK
-23.6%
Net result
+1.47m NOK +1.09m NOK
-26.2%
Equity
6.48m NOK 550.2k NOK
-91.5%
Cash
215.2k NOK 211.3k NOK
-1.8%
Total assets
15.11m NOK 13.97m NOK
-7.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.13m NOK to 3.14m NOK (+0.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.21m NOK → +1.69m NOK (op. margin 70.6% → 53.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.47m NOK → +1.09m NOK (net margin 47.0% → 34.7%). Calculated

  • ↓

    Equity eroded

    Book equity 6.48m NOK → 550.2k NOK (equity ratio 42.9% → 3.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 215.2k NOK → 211.3k NOK (-1.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.45m NOK → 2.36m NOK. Reported fact