AB SYSTEMER AS: årsregnskap 2021 vs 2020
Grew 57% on revenue, weaker earnings
approved 2022-05-24; registry 2022-07-05; journal 2022 561662
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AB SYSTEMER AS. Revenue 17.22m NOK → 26.97m NOK (+56.7%). Net result +890.6k NOK → +119.0k NOK. Equity 2.63m NOK → 2.75m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB SYSTEMER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 17.22m NOK to 26.97m NOK (+56.7% YoY). Calculated
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↑
Operating result improved
Operating result +1.14m NOK → +2.72m NOK (op. margin 6.6% → 10.1%). Calculated
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↑
Equity strengthened
Book equity 2.63m NOK → 2.75m NOK (equity ratio 35.6% → 35.4%). Calculated
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↑
Cash rose
Bank deposits 3.32m NOK → 4.71m NOK (+42.0% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +890.6k NOK → +119.0k NOK (net margin 5.2% → 0.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.86m NOK → 1.96m NOK (11% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 13.03m NOK → 21.22m NOK (+62.9% YoY). Calculated