FirmaIQ
Org.nr 999 328 172 2020 → 2021 Year-over-year analysis

A. BÅTSERVICE AS: årsregnskap 2021 vs 2020

Grew 28% on revenue, stronger earnings

approved 2022-04-27; registry 2022-05-05; journal 2022 257614

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. BÅTSERVICE AS. Revenue 1.54m NOK → 1.96m NOK (+27.6%). Net result +31.3k NOK → +128.9k NOK. Equity 11.12m NOK → 11.25m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. BÅTSERVICE AS.

At a glance

Scorecard

Revenue
1.54m NOK 1.96m NOK
+27.6%
Operating result
+47.0k NOK +185.0k NOK
+293.4%
Net result
+31.3k NOK +128.9k NOK
+312.0%
Equity
11.12m NOK 11.25m NOK
+1.2%
Cash
218.7k NOK 200.8k NOK
-8.2%
Total assets
602.2k NOK 722.2k NOK
+19.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.54m NOK to 1.96m NOK (+27.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +47.0k NOK → +185.0k NOK (op. margin 3.1% → 9.4%). Calculated

  • ↑

    Net result improved

    Net result +31.3k NOK → +128.9k NOK (net margin 2.0% → 6.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.12m NOK → 11.25m NOK (equity ratio 1846.6% → 1557.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 218.7k NOK → 200.8k NOK (-8.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 288.3k NOK → 279.0k NOK (-3.2% YoY). Calculated