A & S COMPOSITT AS: årsregnskap 2021 vs 2020
Grew 44% on revenue, stronger earnings
registry 2022-06-28; journal 2022 539028
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A & S COMPOSITT AS. Revenue 1.02m NOK → 1.47m NOK (+44.4%). Net result +122.8k NOK → +205.6k NOK. Equity 40.0k NOK → 145.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A & S COMPOSITT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.02m NOK to 1.47m NOK (+44.4% YoY). Calculated
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Operating result improved
Operating result +159.9k NOK → +264.4k NOK (op. margin 15.7% → 18.0%). Calculated
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Net result improved
Net result +122.8k NOK → +205.6k NOK (net margin 12.1% → 14.0%). Calculated
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Equity strengthened
Book equity 40.0k NOK → 145.6k NOK (equity ratio 12.4% → 33.0%). Calculated
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Cash rose
Bank deposits 215.1k NOK → 319.2k NOK (+48.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 612.5k NOK → 755.1k NOK (60% → 51% of revenue). Calculated
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COGS moved
COGS / varekostnad 177.9k NOK → 357.9k NOK (+101.2% YoY). Calculated