Org.nr 926 829 173 2020 → 2021 Year-over-year analysis

AHMAD NORWAY AS: årsregnskap 2021 vs 2020

Grew 976% on revenue, slipped into loss

approved 2022-05-27; registry 2022-06-07; journal 2022 424674

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AHMAD NORWAY AS. Revenue 137 NOK → 1 474 NOK (+975.9%). Net result 0 NOK → -59.1k NOK. Equity 0 NOK → -29.1k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AHMAD NORWAY AS.

Scorecard

Revenue
137 NOK 1 474 NOK
+975.9%
Operating result
n/m -57.8k NOK
—
Net result
0 NOK -59.1k NOK
—
Equity
0 NOK -29.1k NOK
—
Cash
n/m 124.4k NOK
—
Total assets
0 NOK 351.3k NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 137 NOK to 1 474 NOK (+975.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.10m NOK → 3 NOK (801518% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 59.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 0 NOK → -29.1k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation