Org.nr 982 165 105 2020 → 2021 Year-over-year analysis

A-LAB AS: årsregnskap 2021 vs 2020

Grew 13% on revenue, weaker earnings

approved 2022-06-09; registry 2022-06-25; journal 2022 507365

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A-LAB AS. Revenue 148.40m NOK → 167.45m NOK (+12.8%). Net result +16.30m NOK → +8.60m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-LAB AS.

At a glance

Revenue

148.40m NOK 167.45m NOK

+12.8%

Operating result

+21.02m NOK +10.08m NOK

-52.0%

Net result

+16.30m NOK +8.60m NOK

-47.2%

Cash

30.47m NOK 17.73m NOK

-41.8%

Total assets

58.61m NOK 60.19m NOK

+2.7%

↑
Revenue rose

Operating income / revenue moved from 148.40m NOK to 167.45m NOK (+12.8% YoY). Calculated

↓
Operating result weakened

Operating result +21.02m NOK → +10.08m NOK (op. margin 14.2% → 6.0%). Calculated
↓
Net result weakened

Net result +16.30m NOK → +8.60m NOK (net margin 11.0% → 5.1%). Calculated
↓
Cash fell

Bank deposits 30.47m NOK → 17.73m NOK (-41.8% YoY). Calculated

·
Payroll increased

Salary cost 2.10bn NOK → 2.12bn NOK (1415% → 1264% of revenue). Calculated
·
COGS moved

COGS / varekostnad 7.79m NOK → 16.15m NOK (+107.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 30.8k NOK → 391.6k NOK. Reported fact