Org.nr 911 576 880 2020 → 2021 Year-over-year analysis

A UTVIK AS: årsregnskap 2021 vs 2020

Grew 4535% on revenue, returned to profit

registry 2022-05-30; journal 2022 288912

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A UTVIK AS. Revenue 46.83m NOK → 2.17bn NOK (+4535.1%). Net result -690.0k NOK → +3.01m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A UTVIK AS.

Scorecard

Revenue
46.83m NOK 2.17bn NOK
+4535.1%
Operating result
+1.02m NOK +7.17m NOK
+601.5%
Net result
-690.0k NOK +3.01m NOK
+535.5%
Cash
603.3k NOK 941.4k NOK
+56.0%
Total assets
203.84m NOK 270.43m NOK
+32.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 46.83m NOK to 2.17bn NOK (+4535.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.02m NOK → +7.17m NOK (op. margin 2.2% → 0.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 690.0k NOK to a profit of 3.01m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 603.3k NOK → 941.4k NOK (+56.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.47m NOK → 9.78m NOK (16% → 0% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 27.47m NOK → 141.57m NOK (+415.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 14.95m NOK → 18.46m NOK. Reported fact