Org.nr 923 569 839 2020 → 2021 Year-over-year analysis

.EAGL TECHNOLOGIES AS: årsregnskap 2021 vs 2020

Grew 657% on revenue, weaker earnings, cash halved-plus

approved 2022-03-16; registry 2022-03-21; journal 2022 158311

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for .EAGL TECHNOLOGIES AS. Revenue 50.0k NOK → 378.4k NOK (+656.8%). Net result -317.7k NOK → -3.52m NOK. Equity -263.3k NOK → 69.1k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
50.0k NOK 378.4k NOK
+656.8%
Operating result
-322.5k NOK -3.52m NOK
-992.2%
Net result
-317.7k NOK -3.52m NOK
-1009.5%
Equity
-263.3k NOK 69.1k NOK
+126.3%
Cash
776.5k NOK 372.4k NOK
-52.0%
Total assets
1.27m NOK 4.40m NOK
+245.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.0k NOK to 378.4k NOK (+656.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -263.3k NOK → 69.1k NOK (equity ratio -20.7% → 1.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 5.89m NOK (+5.86m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -322.5k NOK → -3.52m NOK (op. margin -645.0% → -931.0%). Calculated

  • ↓

    Net result weakened

    Net result -317.7k NOK → -3.52m NOK (net margin -635.3% → -931.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 776.5k NOK → 372.4k NOK (-52.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 10.32× → -5.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated