A.G UTVIKLING AS: årsregnskap 2021 vs 2020
Shrank 46% on revenue, weaker earnings
registry 2022-06-21; journal 2022 474385
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.G UTVIKLING AS. Revenue 8.40m NOK → 4.49m NOK (-46.5%). Net result +997.6k NOK → +546.5k NOK. Equity 12 NOK → 1.95m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.G UTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +319.4k NOK → +749.4k NOK (op. margin 3.8% → 16.7%). Calculated
-
↑
Equity strengthened
Book equity 12 NOK → 1.95m NOK (equity ratio 0.0% → 36.8%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.40m NOK to 4.49m NOK (-46.5% YoY). Calculated
-
↓
Net result weakened
Net result +997.6k NOK → +546.5k NOK (net margin 11.9% → 12.2%). Calculated
-
↓
Cash fell
Bank deposits 780.4k NOK → 569.0k NOK (-27.1% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 5.12m NOK → 1.54m NOK (-69.9% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact