FirmaIQ
Org.nr 931 058 142 2020 → 2021 Year-over-year analysis

A/S Løkkegården: årsregnskap 2021 vs 2020

Grew 10% on revenue, cash halved-plus

registry 2022-05-12; journal 2022 223650

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Løkkegården. Revenue 5.97m NOK → 6.55m NOK (+9.7%). Net result +2.13m NOK → +2.27m NOK. Equity 4.74m NOK → 5.00m NOK.

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

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for A/S Løkkegården.

At a glance

Scorecard

Revenue
5.97m NOK 6.55m NOK
+9.7%
Operating result
+2.75m NOK +2.90m NOK
+5.6%
Net result
+2.13m NOK +2.27m NOK
+6.3%
Equity
4.74m NOK 5.00m NOK
+5.6%
Cash
2.81m NOK 807.9k NOK
-71.2%
Total assets
8.83m NOK 7.43m NOK
-15.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.97m NOK to 6.55m NOK (+9.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.75m NOK → +2.90m NOK (op. margin 46.1% → 44.4%). Calculated

  • ↑

    Net result improved

    Net result +2.13m NOK → +2.27m NOK (net margin 35.7% → 34.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.74m NOK → 5.00m NOK (equity ratio 53.7% → 67.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.81m NOK → 807.9k NOK (-71.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.81m NOK → 807.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 776.7k NOK → 783.0k NOK (13% → 12% of revenue). Calculated