A. WAAG & CO. AS: årsregnskap 2021 vs 2020
A steady year on the published lines
approved 2022-07-24; registry 2022-08-11; journal 2022 795762
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. WAAG & CO. AS. Revenue 6.50m NOK → 6.17m NOK (-5.0%). Net result +589.7k NOK → +480.2k NOK. Equity 609.0k NOK → 589.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for A. WAAG & CO. AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.58m NOK → 3.52m NOK (55% → 57% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.50m NOK to 6.17m NOK (-5.0% YoY). Calculated
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↓
Operating result weakened
Operating result +769.4k NOK → +638.9k NOK (op. margin 11.8% → 10.4%). Calculated
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↓
Net result weakened
Net result +589.7k NOK → +480.2k NOK (net margin 9.1% → 7.8%). Calculated
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↓
Equity eroded
Book equity 609.0k NOK → 589.1k NOK (equity ratio 20.0% → 22.2%). Calculated
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↓
Cash fell
Bank deposits 1.20m NOK → 801.4k NOK (-33.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.34m NOK → 1.07m NOK (-20.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 13.3k NOK → 15.0k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 6.5 → 5. Reported fact