FirmaIQ
Org.nr 851 668 292 2020 → 2021 Year-over-year analysis

A SANDBERG AS: årsregnskap 2021 vs 2020

Grew 22% on revenue, cash halved-plus

approved 2022-07-25; registry 2022-08-06; journal 2022 804386

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A SANDBERG AS. Revenue 41.15m NOK → 50.36m NOK (+22.4%). Net result +366.3k NOK → +295.3k NOK. Equity 3.87m NOK → 1.66m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for A SANDBERG AS.

At a glance

Scorecard

Revenue
41.15m NOK 50.36m NOK
+22.4%
Operating result
+501.5k NOK +664.0k NOK
+32.4%
Net result
+366.3k NOK +295.3k NOK
-19.4%
Equity
3.87m NOK 1.66m NOK
-57.0%
Cash
4.56m NOK 1.62m NOK
-64.5%
Total assets
7.02m NOK 5.49m NOK
-21.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.15m NOK to 50.36m NOK (+22.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +501.5k NOK → +664.0k NOK (op. margin 1.2% → 1.3%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +366.3k NOK → +295.3k NOK (net margin 0.9% → 0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.87m NOK → 1.66m NOK (equity ratio 55.1% → 30.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.56m NOK → 1.62m NOK (-64.5% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.56m NOK → 1.62m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 3.93m NOK → 4.18m NOK (10% → 8% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 33.35m NOK → 40.69m NOK (+22.0% YoY). Calculated