FirmaIQ
Org.nr 980 093 344 2020 → 2021 Year-over-year analysis

AE FROGNER AS: årsregnskap 2021 vs 2020

Grew 6% on revenue, stronger earnings

approved 2022-05-13; registry 2022-06-22; journal 2022 493040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AE FROGNER AS. Revenue 103.0k NOK → 108.9k NOK (+5.8%). Net result -61.2k NOK → -11.4k NOK. Equity 632.5k NOK → 621.1k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
103.0k NOK 108.9k NOK
+5.8%
Operating result
-82.1k NOK -16.6k NOK
+79.8%
Net result
-61.2k NOK -11.4k NOK
+81.3%
Equity
632.5k NOK 621.1k NOK
-1.8%
Cash
440.4k NOK 383.4k NOK
-12.9%
Total assets
852.5k NOK 794.0k NOK
-6.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 103.0k NOK to 108.9k NOK (+5.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -82.1k NOK → -16.6k NOK (op. margin -79.7% → -15.2%). Calculated

  • ↑

    Net result improved

    Net result -61.2k NOK → -11.4k NOK (net margin -59.5% → -10.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 632.5k NOK → 621.1k NOK (equity ratio 74.2% → 78.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 440.4k NOK → 383.4k NOK (-12.9% YoY). Calculated