FirmaIQ
Org.nr 979 496 842 2020 → 2021 Year-over-year analysis

ADOLF JAHNSEN AS: årsregnskap 2021 vs 2020

Shrank 89% on revenue, weaker earnings, cash halved-plus

approved 2022-07-12; registry 2022-07-30; journal 2022 737176

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADOLF JAHNSEN AS. Revenue 11.03m NOK → 1.19m NOK (-89.2%). Net result -185.5k NOK → -1.06m NOK. Equity 1.56m NOK → 3.19m NOK.

On the constructive side: equity strengthened; payroll decreased. 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 ADOLF JAHNSEN AS.

At a glance

Scorecard

Revenue
11.03m NOK 1.19m NOK
-89.2%
Operating result
-1.07m NOK -1.85m NOK
-72.1%
Net result
-185.5k NOK -1.06m NOK
-472.9%
Equity
1.56m NOK 3.19m NOK
+104.0%
Cash
3.93m NOK 1.93m NOK
-50.9%
Total assets
9.55m NOK 7.08m NOK
-25.9%

What improved

  • ↑

    Equity strengthened

    Book equity 1.56m NOK → 3.19m NOK (equity ratio 16.4% → 45.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.32m NOK → 1.69m NOK (21% → 142% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.03m NOK to 1.19m NOK (-89.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.07m NOK → -1.85m NOK (op. margin -9.7% → -155.1%). Calculated

  • ↓

    Net result weakened

    Net result -185.5k NOK → -1.06m NOK (net margin -1.7% → -89.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.93m NOK → 1.93m NOK (-50.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.51m NOK → 624.0k NOK (-92.7% YoY). Calculated