A12.NO AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, stronger earnings
approved 2022-03-04; registry 2022-07-16; journal 2022 712792
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A12.NO AS. Revenue 1.46m NOK → 1.64m NOK (+12.4%). Net result +124.0k NOK → +236.6k NOK. Equity 841.4k NOK → 578.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A12.NO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.46m NOK to 1.64m NOK (+12.4% YoY). Calculated
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↑
Operating result improved
Operating result +158.7k NOK → +303.4k NOK (op. margin 10.9% → 18.5%). Calculated
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↑
Net result improved
Net result +124.0k NOK → +236.6k NOK (net margin 8.5% → 14.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 841.4k NOK → 578.0k NOK (equity ratio 74.7% → 60.4%). Calculated
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↓
Cash fell
Bank deposits 632.5k NOK → 485.2k NOK (-23.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 778.0k NOK → 789.4k NOK (53% → 48% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 203.7k NOK → 267.8k NOK (+31.5% YoY). Calculated