Org.nr 917 521 530 2020 → 2021 Year-over-year analysis

A LANGSET AS: årsregnskap 2021 vs 2020

Grew 102% on revenue, stronger earnings

approved 2022-08-01; registry 2022-08-03; journal 2022 876267

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A LANGSET AS. Revenue 2.28m NOK → 4.60m NOK (+101.9%). Net result +960.1k NOK → +14.92m NOK. Equity 2.14m NOK → 17.07m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
2.28m NOK 4.60m NOK
+101.9%
Operating result
+398.8k NOK +2.57m NOK
+544.4%
Net result
+960.1k NOK +14.92m NOK
+1454.2%
Equity
2.14m NOK 17.07m NOK
+696.2%
Cash
59.7k NOK 1.93m NOK
+3137.3%
Total assets
8.82m NOK 25.86m NOK
+193.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.28m NOK to 4.60m NOK (+101.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +398.8k NOK → +2.57m NOK (op. margin 17.5% → 55.8%). Calculated

  • ↑

    Net result improved

    Net result +960.1k NOK → +14.92m NOK (net margin 42.1% → 324.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.14m NOK → 17.07m NOK (equity ratio 24.3% → 66.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 59.7k NOK → 1.93m NOK (+3137.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 780.4k NOK → 3.72m NOK (34% → 81% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 8.44m NOK → 7.19m NOK. Reported fact