A2G GRUPPEN AS: årsregnskap 2021 vs 2020
Grew 9% on revenue, stronger earnings
registry 2022-08-06; journal 2022 797338
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A2G GRUPPEN AS. Revenue 32.80m NOK → 35.67m NOK (+8.7%). Net result +637.7k NOK → +14.03m NOK. Equity 17.04m NOK → 31.07m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A2G GRUPPEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.80m NOK to 35.67m NOK (+8.7% YoY). Calculated
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Net result improved
Net result +637.7k NOK → +14.03m NOK (net margin 1.9% → 39.3%). Calculated
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↑
Equity strengthened
Book equity 17.04m NOK → 31.07m NOK (equity ratio 15.7% → 22.8%). Calculated
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Cash rose
Bank deposits 16.75m NOK → 38.25m NOK (+128.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.10bn NOK → 21.20m NOK (12514% → 59% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4.51m NOK → +1.85m NOK (op. margin 13.8% → 5.2%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 76.8k NOK → 91.6k NOK (+19.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 18.99m NOK → 91.7k NOK. Reported fact