Org.nr 925 270 288 2020 → 2021 Year-over-year analysis

AH MYSENSGATE EIENDOM AS: årsregnskap 2021 vs 2020

Grew 273% on revenue, weaker earnings, cash halved-plus

approved 2022-05-24; registry 2022-07-30; journal 2022 732550

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AH MYSENSGATE EIENDOM AS. Revenue 101.2k NOK → 377.5k NOK (+272.9%). Net result -43.6k NOK → -71.9k NOK. Equity 84.4k NOK → 62.6k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH MYSENSGATE EIENDOM AS.

Scorecard

Revenue
101.2k NOK 377.5k NOK
+272.9%
Operating result
+19.1k NOK +55.4k NOK
+189.5%
Net result
-43.6k NOK -71.9k NOK
-65.1%
Equity
84.4k NOK 62.6k NOK
-25.8%
Cash
76.5k NOK 4 165 NOK
-94.6%
Total assets
4.52m NOK 4.28m NOK
-5.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 101.2k NOK to 377.5k NOK (+272.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +19.1k NOK → +55.4k NOK (op. margin 18.9% → 14.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 128.0k NOK → 178.1k NOK (+50.1k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -43.6k NOK → -71.9k NOK (net margin -43.0% → -19.1%). Calculated

  • ↓

    Equity eroded

    Book equity 84.4k NOK → 62.6k NOK (equity ratio 1.9% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 76.5k NOK → 4 165 NOK (-94.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation