FirmaIQ
Org.nr 947 803 476 2020 → 2021 Year-over-year analysis

A & B JERNVARE AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue, weaker earnings

registry 2022-06-07; journal 2022 426796

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A & B JERNVARE AS. Revenue 4.19m NOK → 3.93m NOK (-6.3%). Net result +58.4k NOK → +36.3k NOK. Equity 2.39m NOK → 2.42m NOK.

On the constructive side: equity strengthened. 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 A & B JERNVARE AS.

At a glance

Scorecard

Revenue
4.19m NOK 3.93m NOK
-6.3%
Operating result
+75.7k NOK +46.7k NOK
-38.3%
Net result
+58.4k NOK +36.3k NOK
-37.8%
Equity
2.39m NOK 2.42m NOK
+1.5%
Cash
422.9k NOK 405.8k NOK
-4.0%
Total assets
3.43m NOK 3.49m NOK
+1.6%

What improved

  • ↑

    Equity strengthened

    Book equity 2.39m NOK → 2.42m NOK (equity ratio 69.5% → 69.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.19m NOK to 3.93m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +75.7k NOK → +46.7k NOK (op. margin 1.8% → 1.2%). Calculated

  • ↓

    Net result weakened

    Net result +58.4k NOK → +36.3k NOK (net margin 1.4% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 422.9k NOK → 405.8k NOK (-4.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.21m NOK → 1.81m NOK (-18.4% YoY). Calculated