A.TJELTA MASKIN AS: årsregnskap 2021 vs 2020
Shrank 15% on revenue, weaker earnings, fresh owner capital
approved 2022-05-19; registry 2022-06-01; journal 2022 383421
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A.TJELTA MASKIN AS. Revenue 812.0k NOK → 693.9k NOK (-14.5%). Net result +79.4k NOK → +15.1k NOK. Equity -278.6k NOK → 136.5k NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.TJELTA MASKIN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -278.6k NOK → 136.5k NOK (equity ratio -84.0% → 33.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.39× → 1.23×. Calculated
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↑
Owners injected capital
Paid-in equity rose 23.7k NOK → 430.0k NOK (+406.3k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 812.0k NOK to 693.9k NOK (-14.5% YoY). Calculated
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↓
Operating result weakened
Operating result +88.5k NOK → +24.7k NOK (op. margin 10.9% → 3.6%). Calculated
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↓
Net result weakened
Net result +79.4k NOK → +15.1k NOK (net margin 9.8% → 2.2%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 171.6k NOK → 84.5k NOK (-50.8% YoY). Calculated