Org.nr 933 773 361 2020 → 2021 Year-over-year analysis

A/S GRIMSTADGATEN 23: årsregnskap 2021 vs 2020

Shrank 6% on revenue, returned to profit

approved 2022-04-27; registry 2022-06-04; journal 2022 328487

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S GRIMSTADGATEN 23. Revenue 3.20m NOK → 3.01m NOK (-6.0%). Net result -222.0k NOK → +819.3k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for A/S GRIMSTADGATEN 23.

At a glance

Revenue

3.20m NOK 3.01m NOK

-6.0%

Operating result

+177.0k NOK +125.8k NOK

-28.9%

Net result

-222.0k NOK +819.3k NOK

+469.1%

Equity

5.52m NOK n/m

—

Cash

1.94m NOK 2.05m NOK

+5.3%

Total assets

23.22m NOK 23.31m NOK

+0.4%

↑
Turned profitable

Net result flipped from a loss of 222.0k NOK to a profit of 819.3k NOK. Calculated
↑
Cash rose

Bank deposits 1.94m NOK → 2.05m NOK (+5.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 3.20m NOK to 3.01m NOK (-6.0% YoY). Calculated
↓
Operating result weakened

Operating result +177.0k NOK → +125.8k NOK (op. margin 5.5% → 4.2%). Calculated