A TVETE AS: årsregnskap 2021 vs 2020
Grew 688% on revenue
registry 2022-04-23; journal 2022 216197
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A TVETE AS. Revenue 144.6k NOK → 1.14m NOK (+687.9%). Net result +336.2k NOK → +288.3k NOK. Equity 596.5k NOK → 884.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A TVETE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 144.6k NOK to 1.14m NOK (+687.9% YoY). Calculated
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↑
Equity strengthened
Book equity 596.5k NOK → 884.8k NOK (equity ratio 74.3% → 1034.6%). Calculated
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↑
Cash rose
Bank deposits 727.4k NOK → 991.7k NOK (+36.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +430.9k NOK → +369.7k NOK (op. margin 298.0% → 32.5%). Calculated
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↓
Net result weakened
Net result +336.2k NOK → +288.3k NOK (net margin 232.5% → 25.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.11× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 668.2k NOK → 722.5k NOK (462% → 63% of revenue). Calculated