A TITLESTAD AS: årsregnskap 2021 vs 2020
A steady year on the published lines
approved 2022-02-16; registry 2022-04-28; journal 2022 195344
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A TITLESTAD AS. Revenue 5.18m NOK → 5.39m NOK (+4.0%). Net result +306.5k NOK → +254.2k NOK. Equity 118.1k NOK → 1.17m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A TITLESTAD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.18m NOK to 5.39m NOK (+4.0% YoY). Calculated
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↑
Equity strengthened
Book equity 118.1k NOK → 1.17m NOK (equity ratio 5.9% → 55.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +388.4k NOK → +322.7k NOK (op. margin 7.5% → 6.0%). Calculated
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↓
Net result weakened
Net result +306.5k NOK → +254.2k NOK (net margin 5.9% → 4.7%). Calculated
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↓
Cash fell
Bank deposits 1.15m NOK → 1.02m NOK (-11.4% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.09m NOK → 2.41m NOK (40% → 45% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 2.03m NOK → 1.97m NOK (-3.2% YoY). Calculated