Org.nr 984 587 651 2020 → 2021 Year-over-year analysis

A9 TEKNISKE NORGE AS: årsregnskap 2021 vs 2020

Shrank 10% on revenue, slipped into loss

approved 2022-06-28; registry 2022-07-05; journal 2022 619730

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A9 TEKNISKE NORGE AS. Revenue 5.25m NOK → 4.74m NOK (-9.8%). Net result +137.0k NOK → -337.9k NOK. Equity 1.32m NOK → 979.4k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A9 TEKNISKE NORGE AS.

Scorecard

Revenue
5.25m NOK 4.74m NOK
-9.8%
Operating result
+101.9k NOK -331.0k NOK
-424.8%
Net result
+137.0k NOK -337.9k NOK
-346.7%
Equity
1.32m NOK 979.4k NOK
-25.7%
Cash
724.5k NOK 386.3k NOK
-46.7%
Total assets
2.83m NOK 2.97m NOK
+5.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.25m NOK to 4.74m NOK (-9.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +101.9k NOK → -331.0k NOK (op. margin 1.9% → -7.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 137.0k NOK profit to a loss of 337.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.32m NOK → 979.4k NOK (equity ratio 46.6% → 32.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 724.5k NOK → 386.3k NOK (-46.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.88m NOK → 1.47m NOK (-21.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 55.0k NOK → 23.0k NOK. Reported fact