A+ VARMEPUMPER AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, stronger earnings
registry 2022-08-20; journal 2022 901462
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A+ VARMEPUMPER AS. Revenue 3 320 NOK → 3 870 NOK (+16.6%). Net result +7 283 NOK → +432.2k NOK. Equity 71.2k NOK → 63.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for A+ VARMEPUMPER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3 320 NOK to 3 870 NOK (+16.6% YoY). Calculated
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Operating result improved
Operating result +11.3k NOK → +434.3k NOK (op. margin 339.7% → 11222.8%). Calculated
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Net result improved
Net result +7 283 NOK → +432.2k NOK (net margin 219.4% → 11167.9%). Calculated
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Cash rose
Bank deposits 501.2k NOK → 538.1k NOK (+7.4% YoY). Calculated
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Payroll decreased
Salary cost 388.3k NOK → 154.7k NOK (11695% → 3999% of revenue). Calculated
What deteriorated
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Equity eroded
Book equity 71.2k NOK → 63.9k NOK (equity ratio 10.8% → 5.7%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 71.2k NOK → 63.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact