FirmaIQ
Org.nr 833 451 022 2020 → 2021 Year-over-year analysis

A/S Stortorvet 5: årsregnskap 2021 vs 2020

Grew 10% on revenue, stronger earnings

approved 2022-05-26; registry 2022-06-16; journal 2022 464377

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S Stortorvet 5. Revenue 3.14m NOK → 3.45m NOK (+10.0%). Net result +649.2k NOK → +1.66m NOK. Equity 3.41m NOK → 3.77m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A/S Stortorvet 5.

At a glance

Scorecard

Revenue
3.14m NOK 3.45m NOK
+10.0%
Operating result
+2.16m NOK +2.16m NOK
+0.2%
Net result
+649.2k NOK +1.66m NOK
+155.4%
Equity
3.41m NOK 3.77m NOK
+10.5%
Cash
4.13m NOK 4.31m NOK
+4.5%
Total assets
6.10m NOK 6.44m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.14m NOK to 3.45m NOK (+10.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.16m NOK → +2.16m NOK (op. margin 68.7% → 62.5%). Calculated

  • ↑

    Net result improved

    Net result +649.2k NOK → +1.66m NOK (net margin 20.7% → 48.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.41m NOK → 3.77m NOK (equity ratio 55.9% → 58.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.13m NOK → 4.31m NOK (+4.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 61.1k NOK → 1.12m NOK (2% → 33% of revenue). Calculated