A. SPORT AS: årsregnskap 2021 vs 2020
Grew 41% on revenue, returned to profit
approved 2022-05-31; registry 2022-07-06; journal 2022 635959
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. SPORT AS. Revenue 3.69m NOK → 5.19m NOK (+40.7%). Net result -181.2k NOK → +984.2k NOK. Equity 416.3k NOK → 400.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for A. SPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.69m NOK to 5.19m NOK (+40.7% YoY). Calculated
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↑
Operating result improved
Operating result -230.9k NOK → +172.9k NOK (op. margin -6.3% → 3.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 181.2k NOK to a profit of 984.2k NOK. Calculated
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↑
Cash rose
Bank deposits 95.7k NOK → 468.6k NOK (+389.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 499.8k NOK → 372.5k NOK (14% → 7% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 416.3k NOK → 400.5k NOK (equity ratio 22.3% → 17.7%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 3.01m NOK → 3.26m NOK (+8.2% YoY). Calculated