A.S DRIFT & SERVICE AS: årsregnskap 2021 vs 2020
Grew 403% on revenue, slipped into loss
approved 2022-05-15; registry 2022-06-22; journal 2022 491476
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.S DRIFT & SERVICE AS. Revenue 294.9k NOK → 1.48m NOK (+403.2%). Net result +103.3k NOK → -115.1k NOK. Equity 246.7k NOK → 131.7k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.S DRIFT & SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 294.9k NOK to 1.48m NOK (+403.2% YoY). Calculated
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↑
Cash rose
Bank deposits 186.7k NOK → 247.6k NOK (+32.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.57m NOK → 858.2k NOK (531% → 58% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +138.6k NOK → -115.5k NOK (op. margin 47.0% → -7.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 103.3k NOK profit to a loss of 115.1k NOK. Calculated
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↓
Equity eroded
Book equity 246.7k NOK → 131.7k NOK (equity ratio 26.0% → 277.5%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 85.5k NOK → 313.5k NOK (+266.5% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact