Org.nr 999 654 126 2020 → 2021 Year-over-year analysis

A VÅGE AS: årsregnskap 2021 vs 2020

Grew 156% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-04; journal 2022 790650

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A VÅGE AS. Revenue 35.81m NOK → 91.49m NOK (+155.5%). Net result +252.8k NOK → +792.4k NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A VÅGE AS.

Scorecard

Revenue
35.81m NOK 91.49m NOK
+155.5%
Operating result
+32.0k NOK +8.66m NOK
+26966.4%
Net result
+252.8k NOK +792.4k NOK
+213.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.81m NOK to 91.49m NOK (+155.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +32.0k NOK → +8.66m NOK (op. margin 0.1% → 9.5%). Calculated

  • ↑

    Net result improved

    Net result +252.8k NOK → +792.4k NOK (net margin 0.7% → 0.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.90m NOK → 12.04m NOK (30% → 13% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 18.01m NOK → 64.93m NOK (+260.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 618.3k NOK → 213.4k NOK. Reported fact