Org.nr 925 615 757 2020 → 2021 Year-over-year analysis

AH MUR AS: årsregnskap 2021 vs 2020

Grew 390252% on revenue, slipped into loss

approved 2022-03-09; registry 2022-05-05; journal 2022 257344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AH MUR AS. Revenue 1 231 NOK → 4.81m NOK (+390252.2%). Net result +36.6k NOK → -186.0k NOK. Equity 56.6k NOK → -129.4k NOK.

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

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AH MUR AS.

Scorecard

Revenue
1 231 NOK 4.81m NOK
+390252.2%
Operating result
+44.1k NOK -147.0k NOK
-433.3%
Net result
+36.6k NOK -186.0k NOK
-608.5%
Equity
56.6k NOK -129.4k NOK
-328.4%
Cash
188.3k NOK 108.9k NOK
-42.1%
Total assets
642.5k NOK 350.5k NOK
-45.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 231 NOK to 4.81m NOK (+390252.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +44.1k NOK → -147.0k NOK (op. margin 3582.0% → -3.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 36.6k NOK profit to a loss of 186.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 56.6k NOK → -129.4k NOK (equity ratio 8.8% → -36.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 188.3k NOK → 108.9k NOK (-42.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -36.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1 004 NOK → 3.69m NOK (82% → 77% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 8 538 NOK → 530.5k NOK (+6113.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 51.3k NOK → 40.5k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 6. Reported fact