A BRANDTH AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, weaker earnings
approved 2021-12-31; registry 2022-06-13; journal 2022 445492
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A BRANDTH AS. Revenue 5.83m NOK → 5.49m NOK (-5.9%). Net result +361.6k NOK → +101.3k NOK. Equity 2.81m NOK → 2.91m 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 BRANDTH AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.81m NOK → 2.91m NOK (equity ratio 55.7% → 60.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.83m NOK to 5.49m NOK (-5.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +479.2k NOK → +72.3k NOK (op. margin 8.2% → 1.3%). Calculated
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↓
Net result weakened
Net result +361.6k NOK → +101.3k NOK (net margin 6.2% → 1.8%). Calculated
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↓
Cash fell
Bank deposits 2.21m NOK → 2.20m NOK (-0.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.08m NOK → 1.24m NOK (19% → 23% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.06m NOK → 2.89m NOK (-5.4% YoY). Calculated