EGW HOLDING AS: årsregnskap 2021 vs 2020
Grew 2900% on revenue, returned to profit
approved 2022-05-23; registry 2022-06-30; journal 2022 570286
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for EGW HOLDING AS. Revenue 1 500 NOK → 45.0k NOK (+2900.0%). Net result -9 725 NOK → +28.1k NOK. Equity -8 998 NOK → 19.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for EGW HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1 500 NOK to 45.0k NOK (+2900.0% YoY). Calculated
-
↑
Operating result improved
Operating result -7 891 NOK → +29.7k NOK (op. margin -526.1% → 66.0%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 9 725 NOK to a profit of 28.1k NOK. Calculated
-
↑
Equity strengthened
Book equity -8 998 NOK → 19.1k NOK (equity ratio -2.9% → 3.5%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 55.6k NOK → 34.1k NOK (-38.7% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 2.11m NOK → 508.5k NOK. Reported fact