2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS: årsregnskap 2021 vs 2020
Shrank 66% on revenue, stronger earnings
approved 2022-06-09; registry 2022-06-13; journal 2022 442452
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2S TILLER & NÆSS MALERSERVICE - JOMFRUSLETTFJELL HYTTESERVICE AS. Revenue 831.6k NOK → 283.5k NOK (-65.9%). Net result +35.2k NOK → +147.4k NOK. Equity 104.4k NOK → 251.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +51.1k NOK → +192.8k NOK (op. margin 6.1% → 68.0%). Calculated
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Net result improved
Net result +35.2k NOK → +147.4k NOK (net margin 4.2% → 52.0%). Calculated
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Equity strengthened
Book equity 104.4k NOK → 251.8k NOK (equity ratio 67.6% → 60.4%). Calculated
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Cash rose
Bank deposits 136.6k NOK → 333.3k NOK (+144.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 831.6k NOK to 283.5k NOK (-65.9% YoY). Calculated
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Payroll up without matching revenue
Salary cost 109.8k NOK → 231.2k NOK (13% → 82% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 356.9k NOK → 525.3k NOK (+47.2% YoY). Calculated