FirmaIQ
Org.nr 922 037 922 2020 → 2021 Year-over-year analysis

AHJ EUROPE AS: årsregnskap 2021 vs 2020

Grew 289% on revenue, returned to profit

approved 2022-06-01; registry 2022-07-16; journal 2022 650090

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AHJ EUROPE AS. Revenue 15.38m NOK → 59.77m NOK (+288.6%). Net result -2.97m NOK → +5.57m NOK. Equity -4.20m NOK → 1.36m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AHJ EUROPE AS.

At a glance

Scorecard

Revenue
15.38m NOK 59.77m NOK
+288.6%
Operating result
-2.30m NOK +8.13m NOK
+453.6%
Net result
-2.97m NOK +5.57m NOK
+287.3%
Equity
-4.20m NOK 1.36m NOK
+132.4%
Cash
2.87m NOK 16.31m NOK
+468.7%
Total assets
13.06m NOK 26.92m NOK
+106.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.38m NOK to 59.77m NOK (+288.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -2.30m NOK → +8.13m NOK (op. margin -14.9% → 13.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.97m NOK to a profit of 5.57m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -4.20m NOK → 1.36m NOK (equity ratio -32.2% → 5.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.87m NOK → 16.31m NOK (+468.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 528.9k NOK → 530.3k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 17.5. Reported fact