Org.nr 925 956 163 2020 → 2021 Year-over-year analysis

EVYON AS: årsregnskap 2021 vs 2020

Grew 406% on revenue, weaker earnings, cash halved-plus

approved 2022-05-31; registry 2022-06-28; journal 2022 538190

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for EVYON AS. Revenue 530 NOK → 2 683 NOK (+406.2%). Net result -123.2k NOK → -3.47m NOK. Equity 881.3k NOK → 509.7k NOK.

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

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

Scorecard

Revenue
530 NOK 2 683 NOK
+406.2%
Operating result
-97.6k NOK -3.45m NOK
-3439.4%
Net result
-123.2k NOK -3.47m NOK
-2719.9%
Equity
881.3k NOK 509.7k NOK
-42.2%
Cash
927.6k NOK 2 128 NOK
-99.8%
Total assets
927.7k NOK 348.7k NOK
-62.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 530 NOK to 2 683 NOK (+406.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1 004 NOK → 5.11m NOK (+5.11m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -97.6k NOK → -3.45m NOK (op. margin -18410.0% → -128719.5%). Calculated

  • ↓

    Net result weakened

    Net result -123.2k NOK → -3.47m NOK (net margin -23246.6% → -129494.6%). Calculated

  • ↓

    Equity eroded

    Book equity 881.3k NOK → 509.7k NOK (equity ratio 95.0% → 146.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 927.6k NOK → 2 128 NOK (-99.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 20.02× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 84.5k NOK → 2.55m NOK (15946% → 95083% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 4. Reported fact