A&B PLAN AS: årsregnskap 2021 vs 2020
Returned to profit, cash halved-plus
approved 2022-07-20; registry 2022-07-23; journal 2022 765896
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A&B PLAN AS. Revenue 988.6k NOK → 941.8k NOK (-4.7%). Net result -188.6k NOK → +1 441 NOK. Equity -222.5k NOK → -221.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A&B PLAN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -185.4k NOK → +5 783 NOK (op. margin -18.8% → 0.6%). Calculated
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Turned profitable
Net result flipped from a loss of 188.6k NOK to a profit of 1 441 NOK. Calculated
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Equity strengthened
Book equity -222.5k NOK → -221.1k NOK (equity ratio -77.1% → -176.9%). Calculated
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Payroll decreased
Salary cost 767.3k NOK → 523.9k NOK (78% → 56% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 988.6k NOK to 941.8k NOK (-4.7% YoY). Calculated
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Cash fell
Bank deposits 111.6k NOK → 988 NOK (-99.1% YoY). Calculated
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COGS moved
COGS / varekostnad 29.3k NOK → 320.5k NOK (+994.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -176.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation