2M MALERFIRMA AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-04-08; registry 2022-04-11; journal 2022 201719
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2M MALERFIRMA AS. Revenue 1.21m NOK → 1.27m NOK (+4.8%). Net result +96.6k NOK → +5.11m NOK. Equity 8.13m NOK → 238.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 2M MALERFIRMA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.21m NOK to 1.27m NOK (+4.8% YoY). Calculated
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↑
Operating result improved
Operating result +129.5k NOK → +140.3k NOK (op. margin 10.7% → 11.1%). Calculated
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↑
Net result improved
Net result +96.6k NOK → +5.11m NOK (net margin 8.0% → 402.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 8.13m NOK → 238.3k NOK (equity ratio 1937.5% → 48.6%). Calculated
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↓
Cash fell
Bank deposits 406.9k NOK → 376.7k NOK (-7.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 762.1k NOK → 824.2k NOK (63% → 65% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 141.9k NOK → 133.6k NOK (-5.9% YoY). Calculated