FirmaIQ
Org.nr 948 234 130 2020 → 2021 Year-over-year analysis

A.L. HØYER AS: årsregnskap 2021 vs 2020

Grew 14% on revenue, stronger earnings

approved 2022-04-22; registry 2022-05-12; journal 2022 221950

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A.L. HØYER AS. Revenue 23.35m NOK → 26.58m NOK (+13.8%). Net result +1.32m NOK → +1.96m NOK. Equity 2.46m NOK → 2.07m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A.L. HØYER AS.

At a glance

Scorecard

Revenue
23.35m NOK 26.58m NOK
+13.8%
Operating result
+1.69m NOK +2.51m NOK
+48.1%
Net result
+1.32m NOK +1.96m NOK
+47.8%
Equity
2.46m NOK 2.07m NOK
-15.6%
Cash
4.40m NOK 3.29m NOK
-25.2%
Total assets
8.65m NOK 9.29m NOK
+7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.35m NOK to 26.58m NOK (+13.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.69m NOK → +2.51m NOK (op. margin 7.3% → 9.4%). Calculated

  • ↑

    Net result improved

    Net result +1.32m NOK → +1.96m NOK (net margin 5.7% → 7.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.46m NOK → 2.07m NOK (equity ratio 28.4% → 22.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.40m NOK → 3.29m NOK (-25.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 15.95m NOK → 18.31m NOK (68% → 69% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.42m NOK → 2.60m NOK (+7.4% YoY). Calculated