A. WESTRE AS: årsregnskap 2021 vs 2020
Grew 15% on revenue, stronger earnings
approved 2022-06-20; registry 2022-07-28; journal 2022 726576
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A. WESTRE AS. Revenue 7.78m NOK → 8.95m NOK (+15.0%). Net result +234.6k NOK → +785.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A. WESTRE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.78m NOK to 8.95m NOK (+15.0% YoY). Calculated
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↑
Net result improved
Net result +234.6k NOK → +785.0k NOK (net margin 3.0% → 8.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +335.9k NOK → +43.4k NOK (op. margin 4.3% → 0.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.16m NOK → 3.37m NOK (41% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.55m NOK → 2.56m NOK (+0.6% YoY). Calculated