FirmaIQ
Org.nr 919 580 526 2020 → 2021 Year-over-year analysis

A AUTOPARK AS: årsregnskap 2021 vs 2020

Grew 25% on revenue, stronger earnings

registry 2022-03-12; journal 2022 139601

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A AUTOPARK AS. Revenue 40.38m NOK → 50.66m NOK (+25.5%). Net result +917.1k NOK → +3.83m NOK. Equity 5.23m NOK → 55.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A AUTOPARK AS.

At a glance

Scorecard

Revenue
40.38m NOK 50.66m NOK
+25.5%
Operating result
+3.81m NOK +5.04m NOK
+32.4%
Net result
+917.1k NOK +3.83m NOK
+317.3%
Equity
5.23m NOK 55.2k NOK
-98.9%
Cash
1.66m NOK 6.02m NOK
+262.8%
Total assets
6.11m NOK 10.44m NOK
+71.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.38m NOK to 50.66m NOK (+25.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.81m NOK → +5.04m NOK (op. margin 9.4% → 10.0%). Calculated

  • ↑

    Net result improved

    Net result +917.1k NOK → +3.83m NOK (net margin 2.3% → 7.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.66m NOK → 6.02m NOK (+262.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.23m NOK → 55.2k NOK (equity ratio 85.6% → 0.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.30m NOK → 3.61m NOK (8% → 7% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 31.16m NOK → 39.77m NOK (+27.6% YoY). Calculated