FirmaIQ
Org.nr 976 521 803 2020 → 2021 Year-over-year analysis

AB FJORDLAND AS: årsregnskap 2021 vs 2020

Grew 8% on revenue, stronger earnings, cash halved-plus

approved 2022-08-19; registry 2022-08-30; journal 2022 908595

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AB FJORDLAND AS. Revenue 5.34m NOK → 5.78m NOK (+8.1%). Net result -884.9k NOK → -497.3k NOK. Equity 15.26m NOK → 17.85m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
5.34m NOK 5.78m NOK
+8.1%
Operating result
+472.7k NOK +742.8k NOK
+57.1%
Net result
-884.9k NOK -497.3k NOK
+43.8%
Equity
15.26m NOK 17.85m NOK
+17.0%
Cash
567.4k NOK 266.0k NOK
-53.1%
Total assets
65.12m NOK 66.02m NOK
+1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.34m NOK to 5.78m NOK (+8.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +472.7k NOK → +742.8k NOK (op. margin 8.8% → 12.9%). Calculated

  • ↑

    Net result improved

    Net result -884.9k NOK → -497.3k NOK (net margin -16.6% → -8.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 15.26m NOK → 17.85m NOK (equity ratio 23.4% → 27.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.70× → 4.05×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 567.4k NOK → 266.0k NOK (-53.1% YoY). Calculated