A/S Fougstad gate 22: årsregnskap 2021 vs 2020
Shrank 27% on revenue, returned to profit, fresh owner capital
registry 2022-06-25; journal 2022 511441
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A/S Fougstad gate 22. Revenue 1.31m NOK → 963.6k NOK (-26.5%). Net result -137.6k NOK → +131.2k NOK. Equity 2.23m NOK → 2.36m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Fougstad gate 22.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -112.1k NOK → +145.7k NOK (op. margin -8.6% → 15.1%). Calculated
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Turned profitable
Net result flipped from a loss of 137.6k NOK to a profit of 131.2k NOK. Calculated
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Equity strengthened
Book equity 2.23m NOK → 2.36m NOK (equity ratio 30.3% → 32.4%). Calculated
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Owners injected capital
Paid-in equity rose 10.1k NOK → 100.0k NOK (+89.9k NOK). Reported fact
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Payroll decreased
Salary cost 45.6k NOK → -851 NOK (3% → -0% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.31m NOK to 963.6k NOK (-26.5% YoY). Calculated
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Cash fell
Bank deposits 412.7k NOK → 318.1k NOK (-22.9% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 14.0k NOK → 0 NOK. Reported fact