Org.nr 994 006 533 2020 → 2021 Year-over-year analysis

A-Å ELEKTRO AS: årsregnskap 2021 vs 2020

Grew 48% on revenue, stronger earnings

registry 2022-06-20; journal 2022 482551

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A-Å ELEKTRO AS. Revenue 4.85m NOK → 7.17m NOK (+47.7%). Net result +127.7k NOK → +450.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A-Å ELEKTRO AS.

Scorecard

Revenue
4.85m NOK 7.17m NOK
+47.7%
Operating result
+167.1k NOK +586.9k NOK
+251.3%
Net result
+127.7k NOK +450.2k NOK
+252.5%
Equity
n/m 1.64m NOK
—
Cash
366.2k NOK 601.5k NOK
+64.3%
Total assets
1.87m NOK 2.66m NOK
+42.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.85m NOK to 7.17m NOK (+47.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +167.1k NOK → +586.9k NOK (op. margin 3.4% → 8.2%). Calculated

  • ↑

    Net result improved

    Net result +127.7k NOK → +450.2k NOK (net margin 2.6% → 6.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 366.2k NOK → 601.5k NOK (+64.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.83× → 9.07×. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.96m NOK → 2.80m NOK (+42.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.8k NOK → 1.01m NOK. Reported fact