A. LARSEN HUSFLID AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-08-18; registry 2022-09-13; journal 2022 923531
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. LARSEN HUSFLID AS. Revenue 5.86m NOK → 5.69m NOK (-2.9%). Net result +451.0k NOK → +254.8k NOK. Equity 11.93m NOK → 12 NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. LARSEN HUSFLID AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 5.86m NOK to 5.69m NOK (-2.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +515.6k NOK → +380.7k NOK (op. margin 8.8% → 6.7%). Calculated
-
↓
Net result weakened
Net result +451.0k NOK → +254.8k NOK (net margin 7.7% → 4.5%). Calculated
-
↓
Equity eroded
Book equity 11.93m NOK → 12 NOK (equity ratio 501.8% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 84.4k NOK → 60.5k NOK (-28.3% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 2.40m NOK → 2.34m NOK (-2.5% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 0 → 4. Reported fact