A-TECH CONSULTING AS: årsregnskap 2021 vs 2020
Grew 117640% on revenue, weaker earnings
approved 2022-05-12; registry 2022-05-16; journal 2022 298700
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-TECH CONSULTING AS. Revenue 2 939 NOK → 3.46m NOK (+117639.9%). Net result +795.4k NOK → +1 112 NOK. Equity 5.82m NOK → 1.73m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A-TECH CONSULTING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 939 NOK to 3.46m NOK (+117639.9% YoY). Calculated
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Operating result improved
Operating result +1 020 NOK → +1.43m NOK (op. margin 34.7% → 41.3%). Calculated
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Cash rose
Bank deposits 819.7k NOK → 829.6k NOK (+1.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +795.4k NOK → +1 112 NOK (net margin 27062.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 5.82m NOK → 1.73m NOK (equity ratio 387.3% → 63.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 479 NOK → 1.62m NOK (50% → 47% of revenue). Calculated