A. HESKESTAD AS: årsregnskap 2021 vs 2020
Grew 407% on revenue, slipped into loss
registry 2022-08-04; journal 2022 880771
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. HESKESTAD AS. Revenue 77.1k NOK → 390.8k NOK (+406.8%). Net result +21 NOK → -188.9k NOK. Equity 23.6k NOK → -165.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for A. HESKESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 77.1k NOK to 390.8k NOK (+406.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +24.1k NOK → -121.9k NOK (op. margin 31.2% → -31.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 21 NOK profit to a loss of 188.9k NOK. Calculated
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↓
Equity eroded
Book equity 23.6k NOK → -165.4k NOK. Calculated
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↓
Cash fell
Bank deposits 66.5k NOK → 46.3k NOK (-30.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -36.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4 NOK → 4.17m NOK (0% → 1067% of revenue). Calculated