24/7 LOGISTIKK AS: årsregnskap 2021 vs 2020
Shrank 9% on revenue, returned to profit, cash halved-plus
approved 2022-02-04; registry 2022-02-14; journal 2022 115826
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 24/7 LOGISTIKK AS. Revenue 5.07m NOK → 4.63m NOK (-8.8%). Net result -14.1k NOK → +94.3k NOK. Equity 159.4k NOK → 253.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 24/7 LOGISTIKK AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -13.5k NOK → +118.8k NOK (op. margin -0.3% → 2.6%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 14.1k NOK to a profit of 94.3k NOK. Calculated
-
↑
Equity strengthened
Book equity 159.4k NOK → 253.7k NOK (equity ratio 36.1% → 50.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.07m NOK to 4.63m NOK (-8.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 70.2k NOK → 23.9k NOK (-65.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 430.5k NOK → 2.36m NOK (8% → 51% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 4.44m NOK → 4.02m NOK (-9.5% YoY). Calculated