AB-CONSULT AS: årsregnskap 2021 vs 2020
Grew 323% on revenue, weaker earnings
approved 2021-12-31; registry 2022-06-04; journal 2022 422343
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AB-CONSULT AS. Revenue 211.4k NOK → 893.6k NOK (+322.6%). Net result +77.0k NOK → +26.0k NOK. Equity 7.11m NOK → 133.0k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB-CONSULT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 211.4k NOK to 893.6k NOK (+322.6% YoY). Calculated
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↑
Cash rose
Bank deposits 153.5k NOK → 233.8k NOK (+52.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +98.7k NOK → +33.3k NOK (op. margin 46.7% → 3.7%). Calculated
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↓
Net result weakened
Net result +77.0k NOK → +26.0k NOK (net margin 36.4% → 2.9%). Calculated
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↓
Equity eroded
Book equity 7.11m NOK → 133.0k NOK (equity ratio 3928.5% → 41.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 55.4k NOK → 1.67m NOK (26% → 187% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 11.4k NOK → 106.8k NOK (+834.3% YoY). Calculated