A. GRØVDAL SMÅMASKINER AS: årsregnskap 2021 vs 2020
Grew 1254% on revenue, returned to profit
approved 2022-07-14; registry 2022-07-18; journal 2022 727218
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. GRØVDAL SMÅMASKINER AS. Revenue 38.7k NOK → 524.1k NOK (+1254.5%). Net result -20.9k NOK → +63.8k NOK. Equity 3 502 NOK → 67.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. GRØVDAL SMÅMASKINER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 38.7k NOK to 524.1k NOK (+1254.5% YoY). Calculated
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Operating result improved
Operating result -20.9k NOK → +90.3k NOK (op. margin -54.1% → 17.2%). Calculated
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Turned profitable
Net result flipped from a loss of 20.9k NOK to a profit of 63.8k NOK. Calculated
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Equity strengthened
Book equity 3 502 NOK → 67.3k NOK (equity ratio 2.0% → 29.0%). Calculated
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Cash rose
Bank deposits 24.7k NOK → 73.9k NOK (+199.6% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 38.8k NOK → 358.3k NOK (+824.1% YoY). Calculated