FirmaIQ
Org.nr 996 324 524 2020 → 2021 Year-over-year analysis

ACTIVATE AS: årsregnskap 2021 vs 2020

Grew 7% on revenue

approved 2022-06-29; registry 2022-07-09; journal 2022 607402

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACTIVATE AS. Revenue 5.85m NOK → 6.24m NOK (+6.7%). Net result +34.6k NOK → +24.8k NOK. Equity 397.1k NOK → 421.9k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACTIVATE AS.

At a glance

Scorecard

Revenue
5.85m NOK 6.24m NOK
+6.7%
Operating result
+43.2k NOK +46.2k NOK
+7.0%
Net result
+34.6k NOK +24.8k NOK
-28.2%
Equity
397.1k NOK 421.9k NOK
+6.3%
Cash
695.5k NOK 675.3k NOK
-2.9%
Total assets
2.92m NOK 3.29m NOK
+12.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.85m NOK to 6.24m NOK (+6.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +43.2k NOK → +46.2k NOK (op. margin 0.7% → 0.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 397.1k NOK → 421.9k NOK (equity ratio 13.6% → 12.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.96m NOK → 1.30m NOK (33% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +34.6k NOK → +24.8k NOK (net margin 0.6% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 695.5k NOK → 675.3k NOK (-2.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.86m NOK → 3.80m NOK (-1.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2.5. Reported fact