A HELGELAND BETONG AS: årsregnskap 2021 vs 2020
Grew 58% on revenue, returned to profit
approved 2022-07-29; registry 2022-08-11; journal 2022 843567
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A HELGELAND BETONG AS. Revenue 13.01m NOK → 20.59m NOK (+58.2%). Net result -1.58m NOK → +2.71m NOK. Equity -3.02m NOK → -2.31m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A HELGELAND BETONG AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 13.01m NOK to 20.59m NOK (+58.2% YoY). Calculated
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Operating result improved
Operating result -1.43m NOK → +822.4k NOK (op. margin -11.0% → 4.0%). Calculated
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Turned profitable
Net result flipped from a loss of 1.58m NOK to a profit of 2.71m NOK. Calculated
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Equity strengthened
Book equity -3.02m NOK → -2.31m NOK (equity ratio -76.1% → -47.6%). Calculated
Things to notice
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Payroll increased
Salary cost 6.19m NOK → 7.28m NOK (48% → 35% of revenue). Calculated
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COGS moved
COGS / varekostnad 5.95m NOK → 9.68m NOK (+62.7% YoY). Calculated