FirmaIQ
Org.nr 988 964 778 2020 → 2021 Year-over-year analysis

AC MOWINCKEL HOLDING AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, slipped into loss

approved 2022-05-31; registry 2022-06-23; journal 2022 493402

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AC MOWINCKEL HOLDING AS. Revenue 1.10m NOK → 1 097 NOK (-99.9%). Net result +1.69m NOK → -2.29m NOK. Equity 77.76m NOK → 71.97m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AC MOWINCKEL HOLDING AS.

At a glance

Scorecard

Revenue
1.10m NOK 1 097 NOK
-99.9%
Operating result
+459.5k NOK -3.83m NOK
-933.6%
Net result
+1.69m NOK -2.29m NOK
-235.3%
Equity
77.76m NOK 71.97m NOK
-7.4%
Cash
852.8k NOK 619.6k NOK
-27.3%
Total assets
82.03m NOK 78.27m NOK
-4.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.10m NOK to 1 097 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +459.5k NOK → -3.83m NOK (op. margin 41.9% → -349128.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.69m NOK profit to a loss of 2.29m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 77.76m NOK → 71.97m NOK (equity ratio 94.8% → 92.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 852.8k NOK → 619.6k NOK (-27.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 193.6k NOK → 76.6k NOK. Reported fact