A2B DESIGN PARTNER AS: årsregnskap 2021 vs 2020
Grew 61% on revenue, returned to profit
approved 2022-04-12; registry 2022-04-19; journal 2022 206127
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A2B DESIGN PARTNER AS. Revenue 572.6k NOK → 921.8k NOK (+61.0%). Net result -188.2k NOK → +128.2k NOK. Equity 12.23m NOK → 362.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A2B DESIGN PARTNER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 572.6k NOK to 921.8k NOK (+61.0% YoY). Calculated
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Operating result improved
Operating result -188.6k NOK → +115.6k NOK (op. margin -32.9% → 12.5%). Calculated
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Turned profitable
Net result flipped from a loss of 188.2k NOK to a profit of 128.2k NOK. Calculated
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Cash rose
Bank deposits 433.5k NOK → 517.9k NOK (+19.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.23m NOK → 362.3k NOK (equity ratio 2793.1% → 56.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 4 NOK → 4.62m NOK (0% → 502% of revenue). Calculated