Org.nr 992 690 410 2020 → 2021 Year-over-year analysis

A1 FREDRIKSTAD EIENDOMSTAKSERING AS: årsregnskap 2021 vs 2020

Shrank 89% on revenue, weaker earnings

approved 2022-06-21; registry 2022-08-01; journal 2022 758622

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A1 FREDRIKSTAD EIENDOMSTAKSERING AS. Revenue 891.6k NOK → 99.4k NOK (-88.8%). Net result +5.11m NOK → +179.0k NOK. Equity 877.6k NOK → 1.06m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A1 FREDRIKSTAD EIENDOMSTAKSERING AS.

Scorecard

Revenue
891.6k NOK 99.4k NOK
-88.8%
Operating result
+149.3k NOK +234.7k NOK
+57.2%
Net result
+5.11m NOK +179.0k NOK
-96.5%
Equity
877.6k NOK 1.06m NOK
+20.4%
Cash
151.0k NOK 340.0k NOK
+125.1%
Total assets
1.73m NOK 1.64m NOK
-5.3%

What improved

  • ↑

    Operating result improved

    Operating result +149.3k NOK → +234.7k NOK (op. margin 16.7% → 236.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 877.6k NOK → 1.06m NOK (equity ratio 50.8% → 64.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 151.0k NOK → 340.0k NOK (+125.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 3.51×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 891.6k NOK to 99.4k NOK (-88.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +5.11m NOK → +179.0k NOK (net margin 572.9% → 180.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.37m NOK → 1.16m NOK. Reported fact