Org.nr 920 049 273 2020 → 2021 Year-over-year analysis

A-TEC BALLISTICS AS: årsregnskap 2021 vs 2020

Shrank 78% on revenue, slipped into loss, cash halved-plus

approved 2022-01-21; registry 2022-01-31; journal 2022 110709

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A-TEC BALLISTICS AS. Revenue 43.2k NOK → 9 285 NOK (-78.5%). Net result +19.2k NOK → -1 413 NOK. Equity 96.2k NOK → 94.8k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
43.2k NOK 9 285 NOK
-78.5%
Operating result
+24.6k NOK -1 400 NOK
-105.7%
Net result
+19.2k NOK -1 413 NOK
-107.3%
Equity
96.2k NOK 94.8k NOK
-1.5%
Cash
26.6k NOK 3 400 NOK
-87.2%
Total assets
108.7k NOK 94.8k NOK
-12.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.2k NOK to 9 285 NOK (-78.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +24.6k NOK → -1 400 NOK (op. margin 57.1% → -15.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 19.2k NOK profit to a loss of 1 413 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 96.2k NOK → 94.8k NOK (equity ratio 88.5% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.6k NOK → 3 400 NOK (-87.2% YoY). Calculated