FirmaIQ
Org.nr 946 713 929 2020 → 2021 Year-over-year analysis

A/S PAKK & ILEGG: årsregnskap 2021 vs 2020

Shrank 9% on revenue, weaker earnings

approved 2022-04-04; registry 2022-05-28; journal 2022 282049

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A/S PAKK & ILEGG. Revenue 9.20m NOK → 8.34m NOK (-9.3%). Net result +447.8k NOK → +108.6k NOK. Equity 3.39m NOK → 3.50m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S PAKK & ILEGG.

At a glance

Scorecard

Revenue
9.20m NOK 8.34m NOK
-9.3%
Operating result
+484.8k NOK +138.9k NOK
-71.4%
Net result
+447.8k NOK +108.6k NOK
-75.7%
Equity
3.39m NOK 3.50m NOK
+3.2%
Cash
2.43m NOK 3.07m NOK
+26.5%
Total assets
4.34m NOK 4.66m NOK
+7.4%

What improved

  • ↑

    Equity strengthened

    Book equity 3.39m NOK → 3.50m NOK (equity ratio 78.1% → 75.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.43m NOK → 3.07m NOK (+26.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.73m NOK → 2.35m NOK (30% → 28% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.20m NOK to 8.34m NOK (-9.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +484.8k NOK → +138.9k NOK (op. margin 5.3% → 1.7%). Calculated

  • ↓

    Net result weakened

    Net result +447.8k NOK → +108.6k NOK (net margin 4.9% → 1.3%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.51m NOK → 3.15m NOK (-10.4% YoY). Calculated