FirmaIQ
Org.nr 993 581 992 2020 → 2021 Year-over-year analysis

AC BLAZE AS: årsregnskap 2021 vs 2020

Grew 42% on revenue, weaker earnings

approved 2022-06-16; registry 2022-08-15; journal 2022 870790

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AC BLAZE AS. Revenue 7.06m NOK → 9.99m NOK (+41.6%). Net result +4.19m NOK → +1.83m NOK. Equity 3.63m NOK → 4.46m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AC BLAZE AS.

At a glance

Scorecard

Revenue
7.06m NOK 9.99m NOK
+41.6%
Operating result
+250.7k NOK +348.6k NOK
+39.1%
Net result
+4.19m NOK +1.83m NOK
-56.4%
Equity
3.63m NOK 4.46m NOK
+22.7%
Cash
3.81m NOK 6.95m NOK
+82.1%
Total assets
5.64m NOK 8.31m NOK
+47.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.06m NOK to 9.99m NOK (+41.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +250.7k NOK → +348.6k NOK (op. margin 3.6% → 3.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.63m NOK → 4.46m NOK (equity ratio 64.4% → 53.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.81m NOK → 6.95m NOK (+82.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.96m NOK → 1.85m NOK (28% → 19% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +4.19m NOK → +1.83m NOK (net margin 59.4% → 18.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.45m NOK → 3.36m NOK (+36.9% YoY). Calculated