A&V EGNESENTRAL AS: årsregnskap 2021 vs 2020
Grew 36% on revenue, returned to profit, cash halved-plus
approved 2022-02-16; registry 2022-05-02; journal 2022 242435
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A&V EGNESENTRAL AS. Revenue 3.81m NOK → 5.17m NOK (+35.7%). Net result -2 288 NOK → +258.2k NOK. Equity 12.12m NOK → 379.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&V EGNESENTRAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.81m NOK to 5.17m NOK (+35.7% YoY). Calculated
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↑
Operating result improved
Operating result +22.2k NOK → +343.7k NOK (op. margin 0.6% → 6.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 2 288 NOK to a profit of 258.2k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.12m NOK → 379.6k NOK (equity ratio 7939.8% → 20.4%). Calculated
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↓
Cash fell
Bank deposits 593.7k NOK → 215.9k NOK (-63.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 747.9k NOK → 21.0k NOK (-97.2% YoY). Calculated