FirmaIQ
Org.nr 989 376 977 2020 → 2021 Year-over-year analysis

A. KVAM AS: årsregnskap 2021 vs 2020

Grew 11% on revenue, stronger earnings

approved 2022-06-28; registry 2022-07-06; journal 2022 579708

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. KVAM AS. Revenue 14.08m NOK → 15.65m NOK (+11.1%). Net result +692.5k NOK → +985.6k NOK. Equity 8.27m NOK → 8.25m NOK.

On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. KVAM AS.

At a glance

Scorecard

Revenue
14.08m NOK 15.65m NOK
+11.1%
Operating result
+787.0k NOK +254.6k NOK
-67.6%
Net result
+692.5k NOK +985.6k NOK
+42.3%
Equity
8.27m NOK 8.25m NOK
-0.2%
Cash
4.37m NOK 2.94m NOK
-32.6%
Total assets
11.32m NOK 10.16m NOK
-10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.08m NOK to 15.65m NOK (+11.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +692.5k NOK → +985.6k NOK (net margin 4.9% → 6.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.22m NOK → 5.16m NOK (37% → 33% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +787.0k NOK → +254.6k NOK (op. margin 5.6% → 1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 8.27m NOK → 8.25m NOK (equity ratio 73.1% → 81.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.37m NOK → 2.94m NOK (-32.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 5.71m NOK → 6.44m NOK (+12.8% YoY). Calculated