JLI AS: årsregnskap 2021 vs 2020
Grew 62% on revenue, stronger earnings
approved 2022-06-21; registry 2022-06-27; journal 2022 528052
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for JLI AS. Revenue 1.20m NOK → 1.94m NOK (+62.0%). Net result +567.3k NOK → +884.7k NOK. Equity 13.59m NOK → 1.48m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for JLI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.20m NOK to 1.94m NOK (+62.0% YoY). Calculated
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Operating result improved
Operating result +725.0k NOK → +1.09m NOK (op. margin 60.6% → 56.4%). Calculated
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Net result improved
Net result +567.3k NOK → +884.7k NOK (net margin 47.4% → 45.7%). Calculated
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Cash rose
Bank deposits 611.0k NOK → 1.35m NOK (+120.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 13.59m NOK → 1.48m NOK (equity ratio 37176.3% → 71.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 0 NOK → 4.82m NOK (0% → 249% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 90.1k NOK → 272.7k NOK. Reported fact