Org.nr 919 188 502 2020 → 2021 Year-over-year analysis

AJ MASKINUTLEIE AS: årsregnskap 2021 vs 2020

Shrank 26% on revenue, returned to profit

approved 2023-02-10; registry 2023-02-13; journal 2023 306095

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AJ MASKINUTLEIE AS. Revenue 48.0k NOK → 35.5k NOK (-26.0%). Net result -45.9k NOK → +23.9k NOK. Equity -193.3k NOK → -169.4k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ MASKINUTLEIE AS.

Scorecard

Revenue
48.0k NOK 35.5k NOK
-26.0%
Operating result
-45.9k NOK +23.9k NOK
+152.2%
Net result
-45.9k NOK +23.9k NOK
+152.2%
Equity
-193.3k NOK -169.4k NOK
+12.4%
Cash
98 NOK 4 574 NOK
+4567.3%
Total assets
98 NOK 4 574 NOK
+4567.3%

What improved

  • ↑

    Operating result improved

    Operating result -45.9k NOK → +23.9k NOK (op. margin -95.6% → 67.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 45.9k NOK to a profit of 23.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -193.3k NOK → -169.4k NOK (equity ratio -197268.4% → -3703.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 98 NOK → 4 574 NOK (+4567.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 48.0k NOK to 35.5k NOK (-26.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.3k NOK → 0 NOK (-100.0% YoY). Calculated