A. O. BJERKÅS AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-06-30; registry 2022-07-13; journal 2022 702466
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. O. BJERKÅS AS. Revenue 964.6k NOK → 929.4k NOK (-3.6%). Net result +62.5k NOK → -16.3k NOK. Equity -309.1k NOK → -325.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. O. BJERKÅS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 9 820 NOK → 12.4k NOK (+25.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 964.6k NOK to 929.4k NOK (-3.6% YoY). Calculated
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↓
Operating result weakened
Operating result +92.2k NOK → +14.4k NOK (op. margin 9.6% → 1.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 62.5k NOK profit to a loss of 16.3k NOK. Calculated
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↓
Equity eroded
Book equity -309.1k NOK → -325.4k NOK (equity ratio -320.0% → -514.6%). Calculated
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↓
Payroll up without matching revenue
Salary cost 609.2k NOK → 615.5k NOK (63% → 66% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -514.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation