FirmaIQ
Org.nr 919 161 094 2020 → 2021 Year-over-year analysis

A&R SERVICE AS: årsregnskap 2021 vs 2020

Grew 13% on revenue

approved 2022-04-01; registry 2022-05-23; journal 2022 327763

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A&R SERVICE AS. Revenue 1.29m NOK → 1.46m NOK (+13.0%). Net result +110.5k NOK → +118.8k NOK. Equity 13.55m NOK → 664.2k 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&R SERVICE AS.

At a glance

Scorecard

Revenue
1.29m NOK 1.46m NOK
+13.0%
Operating result
+154.3k NOK +157.6k NOK
+2.1%
Net result
+110.5k NOK +118.8k NOK
+7.5%
Equity
13.55m NOK 664.2k NOK
-95.1%
Cash
662.3k NOK 810.9k NOK
+22.4%
Total assets
733.9k NOK 839.8k NOK
+14.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.29m NOK to 1.46m NOK (+13.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +154.3k NOK → +157.6k NOK (op. margin 11.9% → 10.8%). Calculated

  • ↑

    Net result improved

    Net result +110.5k NOK → +118.8k NOK (net margin 8.5% → 8.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 662.3k NOK → 810.9k NOK (+22.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 13.55m NOK → 664.2k NOK (equity ratio 1845.8% → 79.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 767.9k NOK → 3.85m NOK (59% → 264% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1 695 NOK → 26.3k NOK (+1450.7% YoY). Calculated