A.K. TRANSPORT AS: årsregnskap 2021 vs 2020
Grew 25% on revenue, weaker earnings
approved 2022-06-17; registry 2022-06-22; journal 2022 490364
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.K. TRANSPORT AS. Revenue 3.67m NOK → 4.59m NOK (+25.1%). Net result +585.9k NOK → +376.0k NOK. Equity 777.5k NOK → 153.5k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A.K. TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.67m NOK to 4.59m NOK (+25.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.14× → 2.20×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +739.3k NOK → +509.4k NOK (op. margin 20.2% → 11.1%). Calculated
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↓
Net result weakened
Net result +585.9k NOK → +376.0k NOK (net margin 16.0% → 8.2%). Calculated
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↓
Equity eroded
Book equity 777.5k NOK → 153.5k NOK. Calculated
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↓
Cash fell
Bank deposits 606.8k NOK → 415.9k NOK (-31.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.11m NOK → 1.19m NOK (30% → 26% of revenue). Calculated