10/10 TEKSTILTRYKKERI AS: årsregnskap 2021 vs 2020
Grew 69% on revenue, weaker earnings, cash halved-plus
registry 2022-07-21; journal 2022 759466
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 10/10 TEKSTILTRYKKERI AS. Revenue 2.98m NOK → 5.04m NOK (+69.2%). Net result -26.9k NOK → -474.2k NOK. Equity 0 NOK → 30.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 10/10 TEKSTILTRYKKERI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.98m NOK to 5.04m NOK (+69.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 0 NOK → 30.0k NOK (equity ratio 0.0% → 5.0%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -14.2k NOK → -439.8k NOK (op. margin -0.5% → -8.7%). Calculated
-
↓
Net result weakened
Net result -26.9k NOK → -474.2k NOK (net margin -0.9% → -9.4%). Calculated
-
↓
Cash fell
Bank deposits 329.3k NOK → 66.6k NOK (-79.8% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 223 NOK → 1.99m NOK (0% → 40% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 1.04m NOK → 2.38m NOK (+129.8% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 2.6 → 8. Reported fact