ABC-MASKIN AS: årsregnskap 2021 vs 2020
Grew 12% on revenue, weaker earnings
approved 2022-06-28; registry 2022-07-05; journal 2022 564952
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC-MASKIN AS. Revenue 7.92m NOK → 8.90m NOK (+12.3%). Net result +610.1k NOK → +421.4k NOK. Equity 4.14m NOK → 4.44m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC-MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.92m NOK to 8.90m NOK (+12.3% YoY). Calculated
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↑
Equity strengthened
Book equity 4.14m NOK → 4.44m NOK (equity ratio 70.7% → 68.6%). Calculated
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↑
Cash rose
Bank deposits 2.21m NOK → 2.78m NOK (+25.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +931.0k NOK → +437.7k NOK (op. margin 11.7% → 4.9%). Calculated
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↓
Net result weakened
Net result +610.1k NOK → +421.4k NOK (net margin 7.7% → 4.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.48m NOK → 1.75m NOK (19% → 20% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.28m NOK → 5.54m NOK (+29.3% YoY). Calculated