A GULLIKSEN & SØNN AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-04-19; registry 2022-05-09; journal 2022 268714
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A GULLIKSEN & SØNN AS. Revenue 4.20m NOK → 4.03m NOK (-4.0%). Net result +155.6k NOK → +102.6k NOK. Equity 712.4k NOK → 815.0k 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 GULLIKSEN & SØNN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 712.4k NOK → 815.0k NOK (equity ratio 41.3% → 48.1%). Calculated
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↑
Cash rose
Bank deposits 470.8k NOK → 524.3k NOK (+11.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.20m NOK to 4.03m NOK (-4.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +139.0k NOK → +13.3k NOK (op. margin 3.3% → 0.3%). Calculated
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↓
Net result weakened
Net result +155.6k NOK → +102.6k NOK (net margin 3.7% → 2.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.42m NOK → 2.51m NOK (58% → 62% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.04m NOK → 860.1k NOK (-17.0% YoY). Calculated