ABC MATTESERVICE AS: årsregnskap 2021 vs 2020
Grew 17% on revenue, weaker earnings
approved 2022-05-12; registry 2022-05-16; journal 2022 294822
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC MATTESERVICE AS. Revenue 2.11m NOK → 2.46m NOK (+16.7%). Net result +187.0k NOK → +125.6k NOK. Equity 918.8k NOK → 1.04m 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 MATTESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.11m NOK to 2.46m NOK (+16.7% YoY). Calculated
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↑
Equity strengthened
Book equity 918.8k NOK → 1.04m NOK. Calculated
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↑
Cash rose
Bank deposits 13.9k NOK → 16.6k NOK (+18.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +254.9k NOK → +203.0k NOK (op. margin 12.1% → 8.2%). Calculated
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↓
Net result weakened
Net result +187.0k NOK → +125.6k NOK (net margin 8.9% → 5.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 251.0k NOK → 296.9k NOK (12% → 12% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 740.9k NOK → 955.6k NOK (+29.0% YoY). Calculated