FirmaIQ
Org.nr 999 155 278 2020 → 2021 Year-over-year analysis

ADVANCE EIENDOM AS: årsregnskap 2021 vs 2020

Grew 1352761% on revenue, stronger earnings

approved 2022-06-16; registry 2022-06-25; journal 2022 519315

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANCE EIENDOM AS. Revenue 95 NOK → 1.29m NOK (+1352761.1%). Net result +113.9k NOK → +261.4k NOK. Equity -459.2k NOK → -197.8k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVANCE EIENDOM AS.

At a glance

Scorecard

Revenue
95 NOK 1.29m NOK
+1352761.1%
Operating result
+393.2k NOK +521.2k NOK
+32.6%
Net result
+113.9k NOK +261.4k NOK
+129.5%
Equity
-459.2k NOK -197.8k NOK
+56.9%
Cash
765.1k NOK 605.3k NOK
-20.9%
Total assets
6.13m NOK 5.58m NOK
-8.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 95 NOK to 1.29m NOK (+1352761.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +393.2k NOK → +521.2k NOK (op. margin 413876.8% → 40.6%). Calculated

  • ↑

    Net result improved

    Net result +113.9k NOK → +261.4k NOK (net margin 119918.9% → 20.3%). Calculated

  • ↑

    Equity strengthened

    Book equity -459.2k NOK → -197.8k NOK (equity ratio -7.5% → -3.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 765.1k NOK → 605.3k NOK (-20.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 159 NOK → 6 065 NOK (+3714.5% YoY). Calculated