A. ØYSTESE TRANSPORT AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, returned to profit
approved 2022-06-27; registry 2022-07-02; journal 2022 586702
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. ØYSTESE TRANSPORT AS. Revenue 2.33m NOK → 2.72m NOK (+17.0%). Net result -42.4k NOK → +3.17m NOK. Equity 416.4k NOK → 582.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A. ØYSTESE TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.33m NOK to 2.72m NOK (+17.0% YoY). Calculated
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Operating result improved
Operating result -53.3k NOK → +214.1k NOK (op. margin -2.3% → 7.9%). Calculated
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Turned profitable
Net result flipped from a loss of 42.4k NOK to a profit of 3.17m NOK. Calculated
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Equity strengthened
Book equity 416.4k NOK → 582.6k NOK. Calculated
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Cash rose
Bank deposits 297.3k NOK → 523.5k NOK (+76.1% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 786.6k NOK → 812.8k NOK (34% → 30% of revenue). Calculated
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COGS moved
COGS / varekostnad 9 648 NOK → 118.5k NOK (+1128.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 127.2k NOK → 85.2k NOK. Reported fact