AB ELEKTRISK AS: årsregnskap 2021 vs 2020
Grew 22% on revenue, slipped into loss, cash halved-plus
approved 2022-06-30; registry 2022-07-18; journal 2022 664300
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AB ELEKTRISK AS. Revenue 6.30m NOK → 7.70m NOK (+22.4%). Net result +95.3k NOK → -117.6k NOK. Equity 1.11m NOK → 992.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AB ELEKTRISK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.30m NOK to 7.70m NOK (+22.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +134.6k NOK → -121.5k NOK (op. margin 2.1% → -1.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 95.3k NOK profit to a loss of 117.6k NOK. Calculated
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↓
Equity eroded
Book equity 1.11m NOK → 992.2k NOK (equity ratio 26.7% → 22.2%). Calculated
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↓
Cash fell
Bank deposits 537.5k NOK → 79.1k NOK (-85.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.97m NOK → 3.20m NOK (47% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.78m NOK → 2.87m NOK (+61.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.8k NOK → 15.8k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact