Org.nr 976 594 622 2020 → 2021 Year-over-year analysis

ACTIVE GOLF AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-05-25; registry 2022-05-30; journal 2022 361354

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACTIVE GOLF AS. Revenue 4.51m NOK → 4.37m NOK (-3.2%). Net result +96.8k NOK → +44.2k NOK. Equity 11.20m NOK → 247.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVE GOLF AS.

Scorecard

Revenue
4.51m NOK 4.37m NOK
-3.2%
Operating result
+124.1k NOK +59.6k NOK
-52.0%
Net result
+96.8k NOK +44.2k NOK
-54.4%
Equity
11.20m NOK 247.3k NOK
-97.8%
Cash
109.8k NOK 87.2k NOK
-20.6%
Total assets
369.7k NOK 395.7k NOK
+7.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.51m NOK to 4.37m NOK (-3.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +124.1k NOK → +59.6k NOK (op. margin 2.8% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +96.8k NOK → +44.2k NOK (net margin 2.1% → 1.0%). Calculated

  • ↓

    Equity eroded

    Book equity 11.20m NOK → 247.3k NOK (equity ratio 3030.0% → 62.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 109.8k NOK → 87.2k NOK (-20.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.44m NOK → 2.38m NOK (-2.4% YoY). Calculated