A: PROPERTY AS: årsregnskap 2021 vs 2020
Grew 555% on revenue, stronger earnings
approved 2022-05-06; registry 2022-09-05; journal 2022 919207
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A: PROPERTY AS. Revenue 78.1k NOK → 512.0k NOK (+555.4%). Net result +46.8k NOK → +355.3k NOK. Equity 60.0k NOK → 142.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A: PROPERTY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 78.1k NOK to 512.0k NOK (+555.4% YoY). Calculated
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Operating result improved
Operating result +61.7k NOK → +456.1k NOK (op. margin 79.0% → 89.1%). Calculated
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Net result improved
Net result +46.8k NOK → +355.3k NOK (net margin 59.9% → 69.4%). Calculated
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Equity strengthened
Book equity 60.0k NOK → 142.3k NOK (equity ratio 10.6% → 68.2%). Calculated
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Current ratio back above 1×
Current ratio 0.02× → 1.47×. Calculated
What deteriorated
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Cash fell
Bank deposits 3 495 NOK → 2 381 NOK (-31.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 553.2k NOK → 111.0k NOK. Reported fact