A.K. SNEKRING AS: årsregnskap 2021 vs 2020
Shrank 14% on revenue, weaker earnings
approved 2022-06-30; registry 2022-07-05; journal 2022 621584
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.K. SNEKRING AS. Revenue 2.38m NOK → 2.04m NOK (-14.3%). Net result -48.3k NOK → -218.4k NOK. Equity 504.9k NOK → 286.5k NOK.
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.K. SNEKRING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.38m NOK to 2.04m NOK (-14.3% YoY). Calculated
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↓
Operating result weakened
Operating result -58.5k NOK → -219.5k NOK (op. margin -2.5% → -10.8%). Calculated
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↓
Net result weakened
Net result -48.3k NOK → -218.4k NOK (net margin -2.0% → -10.7%). Calculated
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↓
Equity eroded
Book equity 504.9k NOK → 286.5k NOK (equity ratio 68.1% → 60.4%). Calculated
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↓
Cash fell
Bank deposits 383.8k NOK → 367.4k NOK (-4.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.01m NOK → 742.7k NOK (-26.8% YoY). Calculated