FirmaIQ
Org.nr 841 564 812 2020 → 2021 Year-over-year analysis

A KARLSEN & SØNN AS: årsregnskap 2021 vs 2020

Shrank 5% on revenue, cash halved-plus

approved 2022-05-13; registry 2022-05-16; journal 2022 301732

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A KARLSEN & SØNN AS. Revenue 4.62m NOK → 4.37m NOK (-5.5%). Net result +765.2k NOK → +860.9k NOK. Equity 1.55m NOK → 1.95m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A KARLSEN & SØNN AS.

At a glance

Scorecard

Revenue
4.62m NOK 4.37m NOK
-5.5%
Operating result
+978.2k NOK +102.3k NOK
-89.5%
Net result
+765.2k NOK +860.9k NOK
+12.5%
Equity
1.55m NOK 1.95m NOK
+25.3%
Cash
1.13m NOK 458.6k NOK
-59.6%
Total assets
2.70m NOK 4.13m NOK
+52.9%

What improved

  • ↑

    Net result improved

    Net result +765.2k NOK → +860.9k NOK (net margin 16.6% → 19.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.55m NOK → 1.95m NOK (equity ratio 57.6% → 47.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.62m NOK to 4.37m NOK (-5.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +978.2k NOK → +102.3k NOK (op. margin 21.2% → 2.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.13m NOK → 458.6k NOK (-59.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 813.3k NOK → 2.75m NOK (18% → 63% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.81m NOK → 1.72m NOK (-4.7% YoY). Calculated