FirmaIQ
Org.nr 918 024 530 2020 → 2021 Year-over-year analysis

A. LANGSETH HOLDING AS: årsregnskap 2021 vs 2020

Grew 36% on revenue, stronger earnings

approved 2022-06-10; registry 2022-06-15; journal 2022 453819

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. LANGSETH HOLDING AS. Revenue 48.6k NOK → 66.0k NOK (+35.9%). Net result +7 284 NOK → +43.1k NOK. Equity 1.35m NOK → 1.40m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. LANGSETH HOLDING AS.

At a glance

Scorecard

Revenue
48.6k NOK 66.0k NOK
+35.9%
Operating result
-1 063 NOK +46.9k NOK
+4509.1%
Net result
+7 284 NOK +43.1k NOK
+492.2%
Equity
1.35m NOK 1.40m NOK
+3.2%
Cash
5 452 NOK 674.9k NOK
+12278.9%
Total assets
1.81m NOK 1.68m NOK
-7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 48.6k NOK to 66.0k NOK (+35.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1 063 NOK → +46.9k NOK (op. margin -2.2% → 71.0%). Calculated

  • ↑

    Net result improved

    Net result +7 284 NOK → +43.1k NOK (net margin 15.0% → 65.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 1.40m NOK (equity ratio 74.7% → 83.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 452 NOK → 674.9k NOK (+12278.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 728.8k NOK → 844.6k NOK. Reported fact