A.M. VIK & CO AS: årsregnskap 2021 vs 2020
Grew 5% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-04; journal 2022 598089
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.M. VIK & CO AS. Revenue 1.91m NOK → 2.02m NOK (+5.3%). Net result +225.2k NOK → +501.6k NOK. Equity 334.0k NOK → 835.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.M. VIK & CO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.91m NOK to 2.02m NOK (+5.3% YoY). Calculated
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Operating result improved
Operating result +202.2k NOK → +676.1k NOK (op. margin 10.6% → 33.5%). Calculated
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Net result improved
Net result +225.2k NOK → +501.6k NOK (net margin 11.8% → 24.9%). Calculated
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Equity strengthened
Book equity 334.0k NOK → 835.6k NOK (equity ratio 48.9% → 325.1%). Calculated
What deteriorated
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Cash fell
Bank deposits 399.5k NOK → 336.7k NOK (-15.7% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.65× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 106.2k NOK → 1 NOK. Reported fact