2TAL ELEKTRO AS: årsregnskap 2021 vs 2020
Shrank 34% on revenue, weaker earnings
approved 2022-06-30; registry 2022-07-26; journal 2022 716290
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2TAL ELEKTRO AS. Revenue 22.89m NOK → 15.11m NOK (-34.0%). Net result +1.48m NOK → +474.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2TAL ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 7.84m NOK → 5.54m NOK (34% → 37% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 22.89m NOK to 15.11m NOK (-34.0% YoY). Calculated
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↓
Operating result weakened
Operating result +1.89m NOK → +587.9k NOK (op. margin 8.3% → 3.9%). Calculated
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↓
Net result weakened
Net result +1.48m NOK → +474.5k NOK (net margin 6.5% → 3.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.41m NOK → 6.44m NOK (-38.1% YoY). Calculated