A.O. STENLEGGEREN AS: årsregnskap 2021 vs 2020
Shrank 5% on revenue, stronger earnings
registry 2022-07-26; journal 2022 788748
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.O. STENLEGGEREN AS. Revenue 5.89m NOK → 5.57m NOK (-5.5%). Net result +460.0k NOK → +705.9k NOK. Equity 641.1k NOK → 347.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.O. STENLEGGEREN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +591.9k NOK → +908.4k NOK (op. margin 10.0% → 16.3%). Calculated
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Net result improved
Net result +460.0k NOK → +705.9k NOK (net margin 7.8% → 12.7%). Calculated
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Cash rose
Bank deposits 153.2k NOK → 188.6k NOK (+23.1% YoY). Calculated
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Payroll decreased
Salary cost 2.00m NOK → 1.68m NOK (34% → 30% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.89m NOK to 5.57m NOK (-5.5% YoY). Calculated
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Equity eroded
Book equity 641.1k NOK → 347.0k NOK (equity ratio 45.6% → 17.2%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.85m NOK → 1.49m NOK (-19.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 442.9k NOK → 237.0k NOK. Reported fact