FirmaIQ
Org.nr 989 176 935 2020 → 2021 Year-over-year analysis

AET HOLDING ARENDAL AS: årsregnskap 2021 vs 2020

Grew 621% on revenue

approved 2022-06-30; registry 2022-07-20; journal 2022 671989

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AET HOLDING ARENDAL AS. Revenue 213.2k NOK → 1.54m NOK (+620.7%). Net result +4.01m NOK → +4.27m NOK. Equity 9.14m NOK → 11.11m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AET HOLDING ARENDAL AS.

At a glance

Scorecard

Revenue
213.2k NOK 1.54m NOK
+620.7%
Operating result
+997.9k NOK +14.8k NOK
-98.5%
Net result
+4.01m NOK +4.27m NOK
+6.5%
Equity
9.14m NOK 11.11m NOK
+21.6%
Cash
3.40m NOK 3.79m NOK
+11.5%
Total assets
9.47m NOK 11.78m NOK
+24.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 213.2k NOK to 1.54m NOK (+620.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +4.01m NOK → +4.27m NOK (net margin 1882.5% → 278.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.14m NOK → 11.11m NOK (equity ratio 96.4% → 94.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.40m NOK → 3.79m NOK (+11.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 54.70m NOK → 6 122 NOK (25658% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +997.9k NOK → +14.8k NOK (op. margin 468.1% → 1.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 74.64m NOK → 59.82m NOK (-19.9% YoY). Calculated