FirmaIQ
Org.nr 988 591 637 2020 → 2021 Year-over-year analysis

A MARKUSSEN HOLDING AS: årsregnskap 2021 vs 2020

Grew 41% on revenue, stronger earnings

approved 2022-10-01; registry 2022-10-08; journal 2022 934813

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A MARKUSSEN HOLDING AS. Revenue 1.17m NOK → 1.65m NOK (+41.1%). Net result +11.14m NOK → +23.25m NOK. Equity 47.46m NOK → 36.49m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A MARKUSSEN HOLDING AS.

At a glance

Scorecard

Revenue
1.17m NOK 1.65m NOK
+41.1%
Operating result
+826.7k NOK +915.4k NOK
+10.7%
Net result
+11.14m NOK +23.25m NOK
+108.7%
Equity
47.46m NOK 36.49m NOK
-23.1%
Cash
19.06m NOK 34.97m NOK
+83.5%
Total assets
72.24m NOK 81.39m NOK
+12.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.17m NOK to 1.65m NOK (+41.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +826.7k NOK → +915.4k NOK (op. margin 70.9% → 55.6%). Calculated

  • ↑

    Net result improved

    Net result +11.14m NOK → +23.25m NOK (net margin 954.7% → 1412.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 19.06m NOK → 34.97m NOK (+83.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 47.46m NOK → 36.49m NOK (equity ratio 65.7% → 44.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.24m NOK → 22.44m NOK (1221% → 1363% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 622.0k NOK → 673.6k NOK (+8.3% YoY). Calculated