FirmaIQ
Org.nr 812 676 342 2020 → 2021 Year-over-year analysis

A HILLING AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-06-21; registry 2022-07-13; journal 2022 632993

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A HILLING AS. Revenue 40.24m NOK → 39.46m NOK (-1.9%). Net result +2.31m NOK → +1.65m NOK. Equity 8.25m NOK → 8.90m NOK.

On the constructive side: equity strengthened. 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 HILLING AS.

At a glance

Scorecard

Revenue
40.24m NOK 39.46m NOK
-1.9%
Operating result
+2.68m NOK +2.06m NOK
-23.2%
Net result
+2.31m NOK +1.65m NOK
-28.6%
Equity
8.25m NOK 8.90m NOK
+7.9%
Cash
4.15m NOK 3.68m NOK
-11.3%
Total assets
11.93m NOK 12.31m NOK
+3.2%

What improved

  • ↑

    Equity strengthened

    Book equity 8.25m NOK → 8.90m NOK (equity ratio 69.2% → 72.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 40.24m NOK to 39.46m NOK (-1.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.68m NOK → +2.06m NOK (op. margin 6.7% → 5.2%). Calculated

  • ↓

    Net result weakened

    Net result +2.31m NOK → +1.65m NOK (net margin 5.7% → 4.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.15m NOK → 3.68m NOK (-11.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.01m NOK → 4.37m NOK (10% → 11% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.45m NOK → 30.71m NOK (-2.4% YoY). Calculated