A-G MASKIN AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, stronger earnings
approved 2022-05-19; registry 2022-05-23; journal 2022 323025
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-G MASKIN AS. Revenue 304.3k NOK → 339.6k NOK (+11.6%). Net result -192.4k NOK → -96.6k NOK. Equity 430.2k NOK → 333.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-G MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 304.3k NOK to 339.6k NOK (+11.6% YoY). Calculated
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↑
Operating result improved
Operating result +8 214 NOK → +50.6k NOK (op. margin 2.7% → 14.9%). Calculated
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↑
Net result improved
Net result -192.4k NOK → -96.6k NOK (net margin -63.2% → -28.4%). Calculated
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↑
Cash rose
Bank deposits 117.1k NOK → 175.9k NOK (+50.2% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 430.2k NOK → 333.6k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 6 198 NOK → 16.5k NOK (+167.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 6.74m NOK → 2.97m NOK. Reported fact