FirmaIQ
Org.nr 933 593 207 2020 → 2021 Year-over-year analysis

A/S Eiendomsutvikling: årsregnskap 2021 vs 2020

Grew 8% on revenue, weaker earnings, cash halved-plus

approved 2022-05-26; registry 2022-06-20; journal 2022 460897

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Eiendomsutvikling. Revenue 4.39m NOK → 4.74m NOK (+8.0%). Net result +6.58m NOK → +2.88m NOK. Equity 5.66m NOK → 5.46m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
4.39m NOK 4.74m NOK
+8.0%
Operating result
+3.50m NOK +3.28m NOK
-6.2%
Net result
+6.58m NOK +2.88m NOK
-56.2%
Equity
5.66m NOK 5.46m NOK
-3.6%
Cash
309.2k NOK 140.8k NOK
-54.5%
Total assets
47.28m NOK 48.73m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.39m NOK to 4.74m NOK (+8.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +3.50m NOK → +3.28m NOK (op. margin 79.7% → 69.3%). Calculated

  • ↓

    Net result weakened

    Net result +6.58m NOK → +2.88m NOK (net margin 150.0% → 60.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.66m NOK → 5.46m NOK (equity ratio 12.0% → 11.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 309.2k NOK → 140.8k NOK (-54.5% YoY). Calculated