FirmaIQ
Org.nr 945 925 892 2020 → 2021 Year-over-year analysis

A/S Sigba Eiendom: årsregnskap 2021 vs 2020

Shrank 81% on revenue, weaker earnings

approved 2022-06-30; registry 2022-07-11; journal 2022 616068

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Sigba Eiendom. Revenue 114.79m NOK → 22.02m NOK (-80.8%). Net result +78.43m NOK → +6.01m NOK. Equity 9.10bn NOK → 105.37m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Sigba Eiendom.

At a glance

Scorecard

Revenue
114.79m NOK 22.02m NOK
-80.8%
Operating result
+104.21m NOK +10.41m NOK
-90.0%
Net result
+78.43m NOK +6.01m NOK
-92.3%
Equity
9.10bn NOK 105.37m NOK
-98.8%
Cash
35.63m NOK 42.66m NOK
+19.7%
Total assets
247.25m NOK 242.93m NOK
-1.7%

What improved

  • ↑

    Cash rose

    Bank deposits 35.63m NOK → 42.66m NOK (+19.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.77m NOK → 3.76m NOK (3% → 17% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 114.79m NOK to 22.02m NOK (-80.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +104.21m NOK → +10.41m NOK (op. margin 90.8% → 47.3%). Calculated

  • ↓

    Net result weakened

    Net result +78.43m NOK → +6.01m NOK (net margin 68.3% → 27.3%). Calculated

  • ↓

    Equity eroded

    Book equity 9.10bn NOK → 105.37m NOK (equity ratio 3682.3% → 43.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 218.8k NOK → 191.6k NOK. Reported fact