Org.nr 982 428 645 2020 → 2021 Year-over-year analysis

AB SNEKKERN AS: årsregnskap 2021 vs 2020

Shrank 13% on revenue, weaker earnings

approved 2022-07-31; registry 2022-08-10; journal 2022 888337

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AB SNEKKERN AS. Revenue 2.78m NOK → 2.42m NOK (-13.0%). Net result +163.7k NOK → +87.2k NOK. Equity 12.11m NOK → 11.33m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.

Scorecard

Revenue
2.78m NOK 2.42m NOK
-13.0%
Operating result
+190.9k NOK +109.2k NOK
-42.8%
Net result
+163.7k NOK +87.2k NOK
-46.7%
Equity
12.11m NOK 11.33m NOK
-6.4%
Cash
783.4k NOK 492.6k NOK
-37.1%
Total assets
1.15m NOK 1.15m NOK
+0.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.78m NOK to 2.42m NOK (-13.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +190.9k NOK → +109.2k NOK (op. margin 6.9% → 4.5%). Calculated

  • ↓

    Net result weakened

    Net result +163.7k NOK → +87.2k NOK (net margin 5.9% → 3.6%). Calculated

  • ↓

    Equity eroded

    Book equity 12.11m NOK → 11.33m NOK (equity ratio 1052.6% → 981.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 783.4k NOK → 492.6k NOK (-37.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 771.2k NOK → 1 156 NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7 110 NOK → 43.5k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 1. Reported fact