A-GAVE AS: årsregnskap 2021 vs 2020
Shrank 26% on revenue, weaker earnings
approved 2022-02-21; registry 2022-02-24; journal 2022 123672
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-GAVE AS. Revenue 5.96m NOK → 4.39m NOK (-26.2%). Net result +995.4k NOK → +683.9k NOK. Equity 2.06m NOK → 2.74m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A-GAVE AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.06m NOK → 2.74m NOK (equity ratio 67.3% → 81.8%). Calculated
-
↑
Cash rose
Bank deposits 797.1k NOK → 1.75m NOK (+119.4% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.96m NOK to 4.39m NOK (-26.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.28m NOK → +738.8k NOK (op. margin 21.4% → 16.8%). Calculated
-
↓
Net result weakened
Net result +995.4k NOK → +683.9k NOK (net margin 16.7% → 15.6%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 324.5k NOK → 2.33m NOK (5% → 53% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 4.17m NOK → 3.14m NOK (-24.5% YoY). Calculated