A WADAHL ANLEGGSERVICE AS: årsregnskap 2021 vs 2020
Grew 593% on revenue, returned to profit
approved 2021-12-31; registry 2022-07-28; journal 2022 813116
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A WADAHL ANLEGGSERVICE AS. Revenue 313.5k NOK → 2.17m NOK (+592.9%). Net result -17.7k NOK → +215.3k NOK. Equity 12.88m NOK → 1.09m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for A WADAHL ANLEGGSERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 313.5k NOK to 2.17m NOK (+592.9% YoY). Calculated
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Operating result improved
Operating result -7 677 NOK → +283.4k NOK (op. margin -2.4% → 13.0%). Calculated
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Turned profitable
Net result flipped from a loss of 17.7k NOK to a profit of 215.3k NOK. Calculated
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Current ratio back above 1×
Current ratio 0.30× → 2.88×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.88m NOK → 1.09m NOK (equity ratio 778.1% → 54.2%). Calculated
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↓
Cash fell
Bank deposits 838.7k NOK → 741.5k NOK (-11.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 70.7k NOK → 7.24m NOK (23% → 333% of revenue). Calculated
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COGS moved
COGS / varekostnad 103.6k NOK → 275.5k NOK (+166.0% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact