A. LANGKAAS & SØNN AS: årsregnskap 2021 vs 2020
Grew 30% on revenue, weaker earnings
approved 2022-06-21; registry 2022-06-29; journal 2022 532880
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. LANGKAAS & SØNN AS. Revenue 7.60m NOK → 9.90m NOK (+30.2%). Net result +788.1k NOK → +291.5k NOK. Equity 9.21m NOK → 10.51m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. LANGKAAS & SØNN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7.60m NOK to 9.90m NOK (+30.2% YoY). Calculated
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Equity strengthened
Book equity 9.21m NOK → 10.51m NOK (equity ratio 71.6% → 72.9%). Calculated
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Cash rose
Bank deposits 4.75m NOK → 6.67m NOK (+40.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +990.6k NOK → +643.0k NOK (op. margin 13.0% → 6.5%). Calculated
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↓
Net result weakened
Net result +788.1k NOK → +291.5k NOK (net margin 10.4% → 2.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.05m NOK → 2.98m NOK (27% → 30% of revenue). Calculated