FirmaIQ
Org.nr 912 167 704 2020 → 2021 Year-over-year analysis

A&B HOLDING GROUP AS: årsregnskap 2021 vs 2020

Shrank 30% on revenue

approved 2022-08-19; registry 2022-08-29; journal 2022 907261

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A&B HOLDING GROUP AS. Revenue 23.90m NOK → 16.79m NOK (-29.8%). Net result +1.83m NOK → +2.17m NOK. Equity 18.69m NOK → 20.66m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for A&B HOLDING GROUP AS.

At a glance

Scorecard

Revenue
23.90m NOK 16.79m NOK
-29.8%
Operating result
+2.50m NOK +2.95m NOK
+18.2%
Net result
+1.83m NOK +2.17m NOK
+18.9%
Equity
18.69m NOK 20.66m NOK
+10.5%
Cash
1.92m NOK 3.04m NOK
+58.7%
Total assets
30.55m NOK 30.01m NOK
-1.8%

What improved

  • ↑

    Operating result improved

    Operating result +2.50m NOK → +2.95m NOK (op. margin 10.4% → 17.6%). Calculated

  • ↑

    Net result improved

    Net result +1.83m NOK → +2.17m NOK (net margin 7.6% → 12.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 18.69m NOK → 20.66m NOK (equity ratio 61.2% → 68.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.92m NOK → 3.04m NOK (+58.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 14.46m NOK → 4.40m NOK (60% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.90m NOK to 16.79m NOK (-29.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6.04m NOK → 7.18m NOK (+18.9% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 30 → 2. Reported fact