AB ØKONOMI AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, weaker earnings
approved 2022-01-31; registry 2022-02-05; journal 2022 112870
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AB ØKONOMI AS. Revenue 7.81m NOK → 9.10m NOK (+16.6%). Net result +451.5k NOK → +324.2k NOK. Equity 378.2k NOK → 352.3k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AB ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.81m NOK to 9.10m NOK (+16.6% YoY). Calculated
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↑
Operating result improved
Operating result +576 NOK → +417.81m NOK (op. margin 0.0% → 4589.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +451.5k NOK → +324.2k NOK (net margin 5.8% → 3.6%). Calculated
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↓
Equity eroded
Book equity 378.2k NOK → 352.3k NOK (equity ratio 18.3% → 14.9%). Calculated
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↓
Cash fell
Bank deposits 953.4k NOK → 827.4k NOK (-13.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.60m NOK → 7.04m NOK (72% → 77% of revenue). Calculated
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COGS fell
COGS / varekostnad 592.9k NOK → 246.2k NOK (-58.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 16.6k NOK → 100.0k NOK. Reported fact