A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2021 vs 2020
Grew 59% on revenue, stronger earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-11; journal 2022 621218
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 327.6k NOK → 521.7k NOK (+59.2%). Net result +723.3k NOK → +2.46m NOK. Equity 56.71m NOK → 55.17m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 327.6k NOK to 521.7k NOK (+59.2% YoY). Calculated
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↑
Operating result improved
Operating result -495.5k NOK → -465.6k NOK (op. margin -151.2% → -89.3%). Calculated
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↑
Net result improved
Net result +723.3k NOK → +2.46m NOK (net margin 220.8% → 471.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 56.71m NOK → 55.17m NOK (equity ratio 91.9% → 94.5%). Calculated
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↓
Cash fell
Bank deposits 6.07m NOK → 2.44m NOK (-59.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 30.6k NOK → 49.4k NOK (+61.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 92.7k NOK → 218.4k NOK. Reported fact