A BJØRNSTAD AS: årsregnskap 2021 vs 2020
Shrank 47% on revenue, stronger earnings, cash halved-plus
approved 2022-07-29; registry 2022-08-13; journal 2022 854402
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A BJØRNSTAD AS. Revenue 1.39m NOK → 735.5k NOK (-47.0%). Net result -783.0k NOK → -114.2k NOK. Equity 2.28m NOK → 2.17m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A BJØRNSTAD AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -488.2k NOK → -3 374 NOK (op. margin -35.2% → -0.5%). Calculated
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Net result improved
Net result -783.0k NOK → -114.2k NOK (net margin -56.4% → -15.5%). Calculated
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Payroll decreased
Salary cost 224.5k NOK → 122.9k NOK (16% → 17% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.39m NOK to 735.5k NOK (-47.0% YoY). Calculated
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Equity eroded
Book equity 2.28m NOK → 2.17m NOK (equity ratio 41.3% → 44.0%). Calculated
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Cash fell
Bank deposits 447.7k NOK → 186.7k NOK (-58.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 510.5k NOK → 3 NOK. Reported fact