A L M TRANSPORT AS: årsregnskap 2021 vs 2020
Grew 91% on revenue, weaker earnings
approved 2022-05-30; registry 2022-06-01; journal 2022 390773
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A L M TRANSPORT AS. Revenue 3.93m NOK → 7.51m NOK (+91.1%). Net result +590.1k NOK → +258.3k NOK. Equity 610.0k NOK → 868.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A L M TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.93m NOK to 7.51m NOK (+91.1% YoY). Calculated
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Equity strengthened
Book equity 610.0k NOK → 868.3k NOK (equity ratio 89.8% → 25.2%). Calculated
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Cash rose
Bank deposits 265.2k NOK → 825.6k NOK (+211.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +756.7k NOK → +616.5k NOK (op. margin 19.3% → 8.2%). Calculated
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↓
Net result weakened
Net result +590.1k NOK → +258.3k NOK (net margin 15.0% → 3.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 19.50× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.63m NOK → 3.41m NOK (42% → 45% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 302.1k NOK → 51.2k NOK (-83.1% YoY). Calculated