Org.nr 943 079 420 2020 → 2021 Year-over-year analysis

A/S LOKALAVISENE: årsregnskap 2021 vs 2020

Grew 7% on revenue, weaker earnings

approved 2022-06-09; registry 2022-07-04; journal 2022 560072

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A/S LOKALAVISENE. Revenue 32.15m NOK → 34.39m NOK (+7.0%). Net result +249.4k NOK → +171.1k NOK. Equity 6.66m NOK → 6.56m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for A/S LOKALAVISENE.

Scorecard

Revenue
32.15m NOK 34.39m NOK
+7.0%
Operating result
+277.9k NOK +203.1k NOK
-26.9%
Net result
+249.4k NOK +171.1k NOK
-31.4%
Equity
6.66m NOK 6.56m NOK
-1.6%
Total assets
13.36m NOK 14.41m NOK
+7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.15m NOK to 34.39m NOK (+7.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 22.96m NOK → 22.90m NOK (71% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +277.9k NOK → +203.1k NOK (op. margin 0.9% → 0.6%). Calculated

  • ↓

    Net result weakened

    Net result +249.4k NOK → +171.1k NOK (net margin 0.8% → 0.5%). Calculated

  • ↓

    Equity eroded

    Book equity 6.66m NOK → 6.56m NOK (equity ratio 49.9% → 45.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.84× → 0.50× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 20.87m NOK → 20.86m NOK — check capital reduction, conversion, or reclassification. Interpretation