Org.nr 920 060 641 2020 → 2021 Year-over-year analysis

A-B CARS AS: årsregnskap 2021 vs 2020

Shrank 32% on revenue

approved 2022-07-27; registry 2022-08-09; journal 2022 823032

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A-B CARS AS. Revenue 967.1k NOK → 653.2k NOK (-32.5%). Net result -9.41m NOK → -9.00m NOK.

On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A-B CARS AS.

At a glance

Revenue

967.1k NOK 653.2k NOK

-32.5%

Operating result

-9.04m NOK -8.67m NOK

+4.1%

Net result

-9.41m NOK -9.00m NOK

+4.3%

Cash

149.4k NOK 293.8k NOK

+96.7%

Total assets

10.56m NOK 10.81m NOK

+2.4%

↑
Operating result improved

Operating result -9.04m NOK → -8.67m NOK (op. margin -934.4% → -1326.8%). Calculated
↑
Cash rose

Bank deposits 149.4k NOK → 293.8k NOK (+96.7% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 967.1k NOK to 653.2k NOK (-32.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.70m NOK → 5.30m NOK (279% → 812% of revenue). Calculated