Org.nr 925 590 444 2020 → 2021 Year-over-year analysis

GRIFFIN CONSULTING AS: årsregnskap 2021 vs 2020

Grew 233% on revenue, returned to profit

approved 2022-06-23; registry 2022-06-27; journal 2022 528862

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for GRIFFIN CONSULTING AS. Revenue 30.0k NOK → 100.0k NOK (+233.1%). Net result -88.4k NOK → +1.57m NOK. Equity 10.2k NOK → 1.58m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for GRIFFIN CONSULTING AS.

Scorecard

Revenue
30.0k NOK 100.0k NOK
+233.1%
Operating result
-90.1k NOK -8 293 NOK
+90.8%
Net result
-88.4k NOK +1.57m NOK
+1879.6%
Equity
10.2k NOK 1.58m NOK
+15468.8%
Cash
4 348 NOK 156.0k NOK
+3488.1%
Total assets
118.4k NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.0k NOK to 100.0k NOK (+233.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -90.1k NOK → -8 293 NOK (op. margin -300.2% → -8.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 88.4k NOK to a profit of 1.57m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10.2k NOK → 1.58m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 4 348 NOK → 156.0k NOK (+3488.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.4k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 87.2k NOK → 67.2k NOK. Reported fact