A-TECH PROFFSERVICE AS: årsregnskap 2021 vs 2020
Grew 12462% on revenue, weaker earnings, cash halved-plus
approved 2022-06-14; registry 2022-06-23; journal 2022 501577
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A-TECH PROFFSERVICE AS. Revenue 1 667 NOK → 209.4k NOK (+12461.7%). Net result +400.4k NOK → +304.8k NOK. Equity 10.47m NOK → 6.37m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A-TECH PROFFSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 667 NOK to 209.4k NOK (+12461.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 235.1k NOK → 5.84m NOK (+5.60m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +148.4k NOK → +14.3k NOK (op. margin 8902.2% → 6.8%). Calculated
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↓
Net result weakened
Net result +400.4k NOK → +304.8k NOK (net margin 24019.1% → 145.5%). Calculated
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↓
Equity eroded
Book equity 10.47m NOK → 6.37m NOK (equity ratio 370.8% → 84.2%). Calculated
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↓
Cash fell
Bank deposits 1 729 NOK → 501 NOK (-71.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost -514.8k NOK → -132.7k NOK (-30882% → -63% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 2.10m NOK → 2.05m NOK. Reported fact