A JONASSEN AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, weaker earnings
approved 2022-05-01; registry 2022-06-01; journal 2022 393873
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A JONASSEN AS. Revenue 4.17m NOK → 4.67m NOK (+11.9%). Net result +774.3k NOK → +214.7k NOK. Equity 1.02m NOK → 1.19m NOK.
On the constructive side: revenue rose; equity strengthened; cash 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 JONASSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.17m NOK to 4.67m NOK (+11.9% YoY). Calculated
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↑
Equity strengthened
Book equity 1.02m NOK → 1.19m NOK (equity ratio 110.9% → 60.3%). Calculated
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↑
Cash rose
Bank deposits 39.9k NOK → 42.8k NOK (+7.3% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.80× → 2.40×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +425.1k NOK → +282.9k NOK (op. margin 10.2% → 6.1%). Calculated
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↓
Net result weakened
Net result +774.3k NOK → +214.7k NOK (net margin 18.6% → 4.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 934.7k NOK → 974.9k NOK (22% → 21% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.45m NOK → 2.97m NOK (+21.3% YoY). Calculated