Org.nr 911 680 300 2020 → 2021 Year-over-year analysis

FLENDER AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-08-15; registry 2022-08-24; journal 2022 907949

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for FLENDER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +877.0k NOK → +24.38m NOK. Equity 891.4k NOK → 19.92m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for FLENDER AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
0 NOK -8 835 NOK
—
Net result
+877.0k NOK +24.38m NOK
+2679.6%
Equity
891.4k NOK 19.92m NOK
+2134.5%
Cash
759.3k NOK 975.1k NOK
+28.4%
Total assets
891.4k NOK 24.35m NOK
+2631.5%

What improved

  • ↑

    Net result improved

    Net result +877.0k NOK → +24.38m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 891.4k NOK → 19.92m NOK (equity ratio 100.0% → 81.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 759.3k NOK → 975.1k NOK (+28.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -8 835 NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 891.4k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 111.7k NOK → 17.97m NOK. Reported fact