A.ELIASSEN TRANSPORT AS: årsregnskap 2021 vs 2020
Grew 14% on revenue, weaker earnings
approved 2022-06-21; registry 2022-06-25; journal 2022 512335
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.ELIASSEN TRANSPORT AS. Revenue 10.15m NOK → 11.54m NOK (+13.7%). Net result +524.0k NOK → +405.5k NOK. Equity 140.1k NOK → 2.55m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A.ELIASSEN TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 10.15m NOK to 11.54m NOK (+13.7% YoY). Calculated
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Operating result improved
Operating result +675.9k NOK → +832.8k NOK (op. margin 6.7% → 7.2%). Calculated
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↑
Equity strengthened
Book equity 140.1k NOK → 2.55m NOK (equity ratio 5.6% → 47.7%). Calculated
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Cash rose
Bank deposits 297.4k NOK → 1.26m NOK (+323.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +524.0k NOK → +405.5k NOK (net margin 5.2% → 3.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.26m NOK → 3.00m NOK (22% → 26% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.86m NOK → 1.23m NOK (-56.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 287.9k NOK → 432.7k NOK. Reported fact