Org.nr 938 106 827 2020 → 2021 Year-over-year analysis

A L Høyer Askim AS: årsregnskap 2021 vs 2020

Stronger earnings

registry 2022-07-12; journal 2022 631399

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A L Høyer Askim AS. Revenue 9.18m NOK → 9.45m NOK (+2.9%). Net result +133.8k NOK → +356.7k NOK. Equity 1.07m NOK → 7.73m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A L Høyer Askim AS.

Scorecard

Revenue
9.18m NOK 9.45m NOK
+2.9%
Operating result
+156.0k NOK +436.9k NOK
+180.0%
Net result
+133.8k NOK +356.7k NOK
+166.6%
Equity
1.07m NOK 7.73m NOK
+619.5%
Cash
2.07m NOK 1.93m NOK
-7.1%
Total assets
3.43m NOK 3.23m NOK
-5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.18m NOK to 9.45m NOK (+2.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +156.0k NOK → +436.9k NOK (op. margin 1.7% → 4.6%). Calculated

  • ↑

    Net result improved

    Net result +133.8k NOK → +356.7k NOK (net margin 1.5% → 3.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.07m NOK → 7.73m NOK (equity ratio 31.3% → 239.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.23m NOK → 7.09m NOK (79% → 75% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.07m NOK → 1.93m NOK (-7.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 449.3k NOK → 284.9k NOK (-36.6% YoY). Calculated