Org.nr 989 041 312 2020 → 2021 Year-over-year analysis

A REME AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue, weaker earnings

registry 2022-07-09; journal 2022 610542

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A REME AS. Revenue 2.62m NOK → 2.44m NOK (-6.9%). Net result +1.93m NOK → +1.30m NOK. Equity 33.05m NOK → 23.85m NOK.

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

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

Scorecard

Revenue
2.62m NOK 2.44m NOK
-6.9%
Operating result
+1.92m NOK +1.33m NOK
-30.9%
Net result
+1.93m NOK +1.30m NOK
-32.7%
Equity
33.05m NOK 23.85m NOK
-27.8%
Cash
1.62m NOK 1.98m NOK
+22.6%
Total assets
38.58m NOK 28.94m NOK
-25.0%

What improved

  • ↑

    Cash rose

    Bank deposits 1.62m NOK → 1.98m NOK (+22.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.62m NOK to 2.44m NOK (-6.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.92m NOK → +1.33m NOK (op. margin 73.2% → 54.4%). Calculated

  • ↓

    Net result weakened

    Net result +1.93m NOK → +1.30m NOK (net margin 73.7% → 53.3%). Calculated

  • ↓

    Equity eroded

    Book equity 33.05m NOK → 23.85m NOK (equity ratio 85.7% → 82.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 37.4k NOK → 27 NOK. Reported fact