FirmaIQ
Org.nr 988 440 655 2020 → 2021 Year-over-year analysis

AVECTOR AS: årsregnskap 2021 vs 2020

Grew 6395% on revenue, returned to profit

approved 2022-06-30; registry 2022-07-09; journal 2022 659238

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AVECTOR AS. Revenue 44.0k NOK → 2.85m NOK (+6394.5%). Net result -61.1k NOK → +2.17m NOK. Equity 10.44m NOK → 12.47m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AVECTOR AS.

At a glance

Scorecard

Revenue
44.0k NOK 2.85m NOK
+6394.5%
Operating result
-33.7k NOK +2.71m NOK
+8151.5%
Net result
-61.1k NOK +2.17m NOK
+3642.5%
Equity
10.44m NOK 12.47m NOK
+19.5%
Cash
2.54m NOK 3.69m NOK
+45.4%
Total assets
13.02m NOK 15.43m NOK
+18.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 44.0k NOK to 2.85m NOK (+6394.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -33.7k NOK → +2.71m NOK (op. margin -76.6% → 95.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 61.1k NOK to a profit of 2.17m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10.44m NOK → 12.47m NOK (equity ratio 80.1% → 80.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.54m NOK → 3.69m NOK (+45.4% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact