FirmaIQ
Org.nr 984 950 853 2020 → 2021 Year-over-year analysis

AET EIENDOM ARENDAL AS: årsregnskap 2021 vs 2020

Grew 19% on revenue, weaker earnings, cash halved-plus

approved 2022-06-30; registry 2022-07-19; journal 2022 670833

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AET EIENDOM ARENDAL AS. Revenue 805.3k NOK → 954.5k NOK (+18.5%). Net result +175.6k NOK → +101.5k NOK. Equity 3.44m NOK → 2.54m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
805.3k NOK 954.5k NOK
+18.5%
Operating result
+335.7k NOK +234.1k NOK
-30.3%
Net result
+175.6k NOK +101.5k NOK
-42.2%
Equity
3.44m NOK 2.54m NOK
-26.1%
Cash
314.5k NOK 73.2k NOK
-76.7%
Total assets
6.93m NOK 5.88m NOK
-15.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 805.3k NOK to 954.5k NOK (+18.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +335.7k NOK → +234.1k NOK (op. margin 41.7% → 24.5%). Calculated

  • ↓

    Net result weakened

    Net result +175.6k NOK → +101.5k NOK (net margin 21.8% → 10.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.44m NOK → 2.54m NOK (equity ratio 49.6% → 43.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 314.5k NOK → 73.2k NOK (-76.7% YoY). Calculated