FirmaIQ
Org.nr 998 806 240 2020 → 2021 Year-over-year analysis

A.FURULUND ASFALT AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, slipped into loss

approved 2022-11-16; registry 2022-11-19; journal 2022 943436

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A.FURULUND ASFALT AS. Revenue 21.25m NOK → 19.23m NOK (-9.5%). Net result +395.7k NOK → -279.0k NOK. Equity 440.1k NOK → 161.1k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A.FURULUND ASFALT AS.

At a glance

Scorecard

Revenue
21.25m NOK 19.23m NOK
-9.5%
Operating result
+868.6k NOK -123.9k NOK
-114.3%
Net result
+395.7k NOK -279.0k NOK
-170.5%
Equity
440.1k NOK 161.1k NOK
-63.4%
Cash
306.7k NOK 295.1k NOK
-3.8%
Total assets
n/m 6.33m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.25m NOK to 19.23m NOK (-9.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +868.6k NOK → -123.9k NOK (op. margin 4.1% → -0.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 395.7k NOK profit to a loss of 279.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 440.1k NOK → 161.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 306.7k NOK → 295.1k NOK (-3.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 11.55m NOK → 8.28m NOK (-28.4% YoY). Calculated