FirmaIQ
Org.nr 890 002 552 2020 → 2021 Year-over-year analysis

A. THORESEN SERVICEVERKSTED AS: årsregnskap 2021 vs 2020

Grew 12% on revenue, stronger earnings

approved 2022-03-30; registry 2022-04-11; journal 2022 181325

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for A. THORESEN SERVICEVERKSTED AS. Revenue 38.51m NOK → 43.14m NOK (+12.0%). Net result +3.22m NOK → +4.95m NOK. Equity 11.68m NOK → 16.63m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. THORESEN SERVICEVERKSTED AS.

At a glance

Scorecard

Revenue
38.51m NOK 43.14m NOK
+12.0%
Operating result
+4.06m NOK +6.30m NOK
+55.1%
Net result
+3.22m NOK +4.95m NOK
+53.9%
Equity
11.68m NOK 16.63m NOK
+42.4%
Cash
9.70m NOK 10.04m NOK
+3.5%
Total assets
23.16m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.51m NOK to 43.14m NOK (+12.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.06m NOK → +6.30m NOK (op. margin 10.5% → 14.6%). Calculated

  • ↑

    Net result improved

    Net result +3.22m NOK → +4.95m NOK (net margin 8.3% → 11.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.68m NOK → 16.63m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 9.70m NOK → 10.04m NOK (+3.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.20m NOK → 3.62m NOK (6% → 8% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 30.64m NOK → 31.45m NOK (+2.6% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact