A-KABEL AS: årsregnskap 2021 vs 2020
Grew 35% on revenue, returned to profit
approved 2022-06-21; registry 2022-06-27; journal 2022 512553
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-KABEL AS. Revenue 16.42m NOK → 22.10m NOK (+34.5%). Net result -449.7k NOK → +498.1k NOK. Equity 10.55m NOK → 10.05m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-KABEL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.42m NOK to 22.10m NOK (+34.5% YoY). Calculated
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↑
Operating result improved
Operating result -537.1k NOK → +864.9k NOK (op. margin -3.3% → 3.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 449.7k NOK to a profit of 498.1k NOK. Calculated
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↑
Cash rose
Bank deposits 3.99m NOK → 5.54m NOK (+38.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.55m NOK → 10.05m NOK (equity ratio 80.3% → 62.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.89m NOK → 8.76m NOK (48% → 40% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 6.58m NOK → 8.79m NOK (+33.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 991.5k NOK → 1.05m NOK. Reported fact