LIFEKEYS AS: årsregnskap 2021 vs 2020
Grew 49% on revenue, slipped into loss, fresh owner capital
approved 2022-06-17; registry 2022-07-23
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for LIFEKEYS AS. Revenue 4.44m NOK → 6.60m NOK (+48.8%). Net result +865.8k NOK → -208.2k NOK. Equity -209.5k NOK → 4.72m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for LIFEKEYS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.44m NOK to 6.60m NOK (+48.8% YoY). Calculated
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↑
Equity strengthened
Book equity -209.5k NOK → 4.72m NOK (equity ratio -12.7% → 68.0%). Calculated
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↑
Cash rose
Bank deposits 997.5k NOK → 3.81m NOK (+281.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 18.9k NOK → 5.16m NOK (+5.14m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +1.09m NOK → -347.7k NOK (op. margin 24.5% → -5.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 865.8k NOK profit to a loss of 208.2k NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.71m NOK → 3.24m NOK (39% → 49% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.14m NOK → 2.76m NOK (+141.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 1.81m NOK. Reported fact
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·
Capitalised development moved
Development asset 0 NOK → 1.81m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 3 → 5. Reported fact