FirmaIQ
Org.nr 999 552 560 2020 → 2021 Year-over-year analysis

ACTIVA EIENDOM AS: årsregnskap 2021 vs 2020

Shrank 49% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-09; journal 2022 824664

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACTIVA EIENDOM AS. Revenue 5.57m NOK → 2.86m NOK (-48.6%). Net result +2.21m NOK → +2.86m NOK. Equity 3.46m NOK → 2.91m NOK.

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

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

At a glance

Scorecard

Revenue
5.57m NOK 2.86m NOK
-48.6%
Operating result
+674.7k NOK -945.9k NOK
-240.2%
Net result
+2.21m NOK +2.86m NOK
+29.2%
Equity
3.46m NOK 2.91m NOK
-15.7%
Cash
171.9k NOK 480.4k NOK
+179.5%
Total assets
16.22m NOK 25.16m NOK
+55.1%

What improved

  • ↑

    Net result improved

    Net result +2.21m NOK → +2.86m NOK (net margin 39.7% → 99.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 171.9k NOK → 480.4k NOK (+179.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.57m NOK to 2.86m NOK (-48.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +674.7k NOK → -945.9k NOK (op. margin 12.1% → -33.0%). Calculated

  • ↓

    Equity eroded

    Book equity 3.46m NOK → 2.91m NOK (equity ratio 21.3% → 11.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 835.2k NOK → 1.02m NOK (15% → 36% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.55m NOK → 1.67m NOK (-52.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8 506 NOK → 1.05m NOK. Reported fact