ACTIVA PROSJEKT AS: årsregnskap 2021 vs 2020
Grew 91% on revenue, stronger earnings
approved 2022-06-30; registry 2022-08-09; journal 2022 824688
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIVA PROSJEKT AS. Revenue 3.88m NOK → 7.43m NOK (+91.3%). Net result +11.0k NOK → +707.2k NOK. Equity 525.0k NOK → 232.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVA PROSJEKT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.88m NOK to 7.43m NOK (+91.3% YoY). Calculated
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↑
Operating result improved
Operating result +73.1k NOK → +1.15m NOK (op. margin 1.9% → 15.5%). Calculated
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Net result improved
Net result +11.0k NOK → +707.2k NOK (net margin 0.3% → 9.5%). Calculated
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Current ratio back above 1×
Current ratio 0.05× → 1.19×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 525.0k NOK → 232.1k NOK (equity ratio 23.5% → 3.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 9 926 NOK → 1.13m NOK (0% → 15% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.61m NOK → 5.99m NOK (+65.9% YoY). Calculated