A STEEN TRANSPORT AS: årsregnskap 2021 vs 2020
Grew 19% on revenue, returned to profit
approved 2022-06-26; registry 2022-07-02; journal 2022 548617
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A STEEN TRANSPORT AS. Revenue 6.62m NOK → 7.87m NOK (+18.8%). Net result -38.3k NOK → +821.1k NOK. Equity 2.69m NOK → 3.41m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for A STEEN TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.62m NOK to 7.87m NOK (+18.8% YoY). Calculated
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Operating result improved
Operating result +11.3k NOK → +1.10m NOK (op. margin 0.2% → 14.0%). Calculated
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Turned profitable
Net result flipped from a loss of 38.3k NOK to a profit of 821.1k NOK. Calculated
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Equity strengthened
Book equity 2.69m NOK → 3.41m NOK (equity ratio 59.6% → 61.2%). Calculated
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Cash rose
Bank deposits 1.68m NOK → 1.72m NOK (+2.0% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.82m NOK → 1.90m NOK (27% → 24% of revenue). Calculated
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COGS fell
COGS / varekostnad 370.2k NOK → 300.8k NOK (-18.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 14.4k NOK → 602.3k NOK. Reported fact