A GULLAKSEN & SØNNER AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, weaker earnings
approved 2022-07-20; registry 2022-08-09; journal 2022 821178
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A GULLAKSEN & SØNNER AS. Revenue 39.89m NOK → 46.48m NOK (+16.5%). Net result +11.83m NOK → +7.02m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A GULLAKSEN & SØNNER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 39.89m NOK to 46.48m NOK (+16.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +14.69m NOK → +8.90m NOK (op. margin 36.8% → 19.1%). Calculated
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↓
Net result weakened
Net result +11.83m NOK → +7.02m NOK (net margin 29.7% → 15.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 11.38m NOK → 13.22m NOK (29% → 28% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.81m NOK → 2.17m NOK (+19.6% YoY). Calculated