Org.nr 824 186 162 2020 → 2021 Year-over-year analysis

AE FINNSNES AS: årsregnskap 2021 vs 2020

Shrank 27% on revenue, weaker earnings, cash halved-plus

approved 2022-06-24; registry 2022-08-02; journal 2022 766868

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AE FINNSNES AS. Revenue 130.8k NOK → 96.0k NOK (-26.6%). Net result +95.5k NOK → +70.3k NOK. Equity 5.38m NOK → 5.45m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
130.8k NOK 96.0k NOK
-26.6%
Operating result
-45.5k NOK -43.6k NOK
+4.3%
Net result
+95.5k NOK +70.3k NOK
-26.4%
Equity
5.38m NOK 5.45m NOK
+1.3%
Cash
686.6k NOK 220.3k NOK
-67.9%
Total assets
5.61m NOK 5.46m NOK
-2.7%

What improved

  • ↑

    Operating result improved

    Operating result -45.5k NOK → -43.6k NOK (op. margin -34.8% → -45.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.38m NOK → 5.45m NOK (equity ratio 95.9% → 99.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 130.8k NOK to 96.0k NOK (-26.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result +95.5k NOK → +70.3k NOK (net margin 73.0% → 73.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 686.6k NOK → 220.3k NOK (-67.9% YoY). Calculated