Org.nr 989 766 805 2020 → 2021 Year-over-year analysis

AJ EIENDOMSUTVIKLING AS: årsregnskap 2021 vs 2020

Grew 1343% on revenue, stronger earnings

approved 2022-06-30; registry 2022-07-16; journal 2022 713156

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AJ EIENDOMSUTVIKLING AS. Revenue 39.4k NOK → 568.4k NOK (+1342.7%). Net result +165.3k NOK → +691.8k NOK. Equity 5.48m NOK → 6.17m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AJ EIENDOMSUTVIKLING AS.

Scorecard

Revenue
39.4k NOK 568.4k NOK
+1342.7%
Operating result
-47.6k NOK +320.6k NOK
+773.0%
Net result
+165.3k NOK +691.8k NOK
+318.6%
Equity
5.48m NOK 6.17m NOK
+12.6%
Cash
49.3k NOK 87.8k NOK
+78.2%
Total assets
6.71m NOK 8.66m NOK
+29.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 39.4k NOK to 568.4k NOK (+1342.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -47.6k NOK → +320.6k NOK (op. margin -120.9% → 56.4%). Calculated

  • ↑

    Net result improved

    Net result +165.3k NOK → +691.8k NOK (net margin 419.4% → 121.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.48m NOK → 6.17m NOK (equity ratio 81.7% → 71.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 49.3k NOK → 87.8k NOK (+78.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 28.5k NOK → 380.9k NOK (+1236.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 170.0k NOK → 448.3k NOK. Reported fact