FirmaIQ
Org.nr 996 229 319 2020 → 2021 Year-over-year analysis

AH UTVIKLING AS: årsregnskap 2021 vs 2020

Shrank 23% on revenue, weaker earnings

approved 2022-07-31; registry 2022-08-20; journal 2022 889152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AH UTVIKLING AS. Revenue 13.79m NOK → 10.68m NOK (-22.5%). Net result +4.54m NOK → +1.93m NOK. Equity 2.43m NOK → 2.81m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AH UTVIKLING AS.

At a glance

Scorecard

Revenue
13.79m NOK 10.68m NOK
-22.5%
Operating result
+43.3k NOK +2.81m NOK
+6385.3%
Net result
+4.54m NOK +1.93m NOK
-57.4%
Equity
2.43m NOK 2.81m NOK
+15.5%
Cash
395.8k NOK 301.7k NOK
-23.8%
Total assets
10.10m NOK 6.42m NOK
-36.5%

What improved

  • ↑

    Operating result improved

    Operating result +43.3k NOK → +2.81m NOK (op. margin 0.3% → 26.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.43m NOK → 2.81m NOK (equity ratio 24.1% → 43.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.79m NOK to 10.68m NOK (-22.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +4.54m NOK → +1.93m NOK (net margin 32.9% → 18.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 395.8k NOK → 301.7k NOK (-23.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.09m NOK → 6.25m NOK (-22.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 222.0k NOK → 72.0k NOK. Reported fact