FirmaIQ
Org.nr 994 415 093 2020 → 2021 Year-over-year analysis

A-TEC AS: årsregnskap 2021 vs 2020

Grew 26% on revenue, weaker earnings

approved 2022-05-31; registry 2022-06-20; journal 2022 456483

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A-TEC AS. Revenue 37.75m NOK → 47.61m NOK (+26.1%). Net result +7.79m NOK → +4.30m NOK. Equity 21.02m NOK → 17.33m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A-TEC AS.

At a glance

Scorecard

Revenue
37.75m NOK 47.61m NOK
+26.1%
Operating result
+9.51m NOK +5.60m NOK
-41.1%
Net result
+7.79m NOK +4.30m NOK
-44.8%
Equity
21.02m NOK 17.33m NOK
-17.6%
Cash
6.24m NOK 5.53m NOK
-11.4%
Total assets
34.75m NOK 49.76m NOK
+43.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.75m NOK to 47.61m NOK (+26.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +9.51m NOK → +5.60m NOK (op. margin 25.2% → 11.8%). Calculated

  • ↓

    Net result weakened

    Net result +7.79m NOK → +4.30m NOK (net margin 20.6% → 9.0%). Calculated

  • ↓

    Equity eroded

    Book equity 21.02m NOK → 17.33m NOK (equity ratio 60.5% → 34.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.24m NOK → 5.53m NOK (-11.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.93m NOK → 7.03m NOK (16% → 15% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.78m NOK → 10.74m NOK (+124.9% YoY). Calculated