Org.nr 946 995 517 2020 → 2021 Year-over-year analysis

A/S Even Cudrio: årsregnskap 2021 vs 2020

Grew 26% on revenue, returned to profit

approved 2022-08-30; registry 2022-09-05; journal 2022 915897

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Even Cudrio. Revenue 15.50m NOK → 19.54m NOK (+26.0%). Net result -1.23m NOK → +7.69m NOK. Equity 3.12m NOK → 3.80m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A/S Even Cudrio.

Scorecard

Revenue
15.50m NOK 19.54m NOK
+26.0%
Operating result
-1.53m NOK +913.3k NOK
+159.6%
Net result
-1.23m NOK +7.69m NOK
+723.9%
Equity
3.12m NOK 3.80m NOK
+22.0%
Cash
1.50m NOK 1.85m NOK
+23.1%
Total assets
8.48m NOK 9.31m NOK
+9.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.50m NOK to 19.54m NOK (+26.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.53m NOK → +913.3k NOK (op. margin -9.9% → 4.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.23m NOK to a profit of 7.69m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.12m NOK → 3.80m NOK (equity ratio 36.8% → 40.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.50m NOK → 1.85m NOK (+23.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.86m NOK → 7.26m NOK (+24.1% YoY). Calculated