A COSTA SAKS AS: årsregnskap 2021 vs 2020
Grew 8% on revenue, weaker earnings
approved 2022-04-04; registry 2022-05-19; journal 2022 308751
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A COSTA SAKS AS. Revenue 2.11m NOK → 2.28m NOK (+8.0%). Net result +305.4k NOK → +91.1k NOK. Equity 2.25m NOK → 341.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A COSTA SAKS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.11m NOK to 2.28m NOK (+8.0% YoY). Calculated
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↑
Cash rose
Bank deposits 472.1k NOK → 547.2k NOK (+15.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +352.0k NOK → +118.2k NOK (op. margin 16.6% → 5.2%). Calculated
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↓
Net result weakened
Net result +305.4k NOK → +91.1k NOK (net margin 14.4% → 4.0%). Calculated
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↓
Equity eroded
Book equity 2.25m NOK → 341.5k NOK (equity ratio 368.9% → 48.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.10m NOK → 1.44m NOK (52% → 63% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 166.3k NOK → 253.6k NOK (+52.5% YoY). Calculated