Org.nr 947 014 781 2020 → 2021 Year-over-year analysis

A/S MILLENIUM: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-05-23; registry 2022-06-09; journal 2022 362644

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A/S MILLENIUM. Net result +33.19m NOK → +14.65m NOK. Equity 85.93m NOK → 90.58m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-402.5k NOK -426.0k NOK
-5.8%
Net result
+33.19m NOK +14.65m NOK
-55.9%
Equity
85.93m NOK 90.58m NOK
+5.4%
Cash
1.66m NOK 5.21m NOK
+213.4%
Total assets
93.68m NOK 110.57m NOK
+18.0%

What improved

  • ↑

    Equity strengthened

    Book equity 85.93m NOK → 90.58m NOK (equity ratio 91.7% → 81.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.66m NOK → 5.21m NOK (+213.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -402.5k NOK → -426.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result +33.19m NOK → +14.65m NOK. Calculated