A. SØRENSENS TRANSPORT AS: årsregnskap 2021 vs 2020
Grew 10% on revenue, stronger earnings
approved 2022-03-08; registry 2022-06-30; journal 2022 557636
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. SØRENSENS TRANSPORT AS. Revenue 2.78m NOK → 3.07m NOK (+10.2%). Net result +72.7k NOK → +389.5k NOK. Equity 449.5k NOK → 838.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. SØRENSENS TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.78m NOK to 3.07m NOK (+10.2% YoY). Calculated
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Operating result improved
Operating result +86.4k NOK → +497.6k NOK (op. margin 3.1% → 16.2%). Calculated
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Net result improved
Net result +72.7k NOK → +389.5k NOK (net margin 2.6% → 12.7%). Calculated
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Equity strengthened
Book equity 449.5k NOK → 838.9k NOK (equity ratio 52.6% → 385.1%). Calculated
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Cash rose
Bank deposits 372.3k NOK → 614.2k NOK (+65.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2 NOK → 2.92m NOK (0% → 95% of revenue). Calculated
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COGS moved
COGS / varekostnad 668.4k NOK → 702.0k NOK (+5.0% YoY). Calculated