ABC RESTAURANT AS: årsregnskap 2021 vs 2020
Grew 229605% on revenue, returned to profit
approved 2022-09-23; registry 2022-10-03; journal 2022 932279
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC RESTAURANT AS. Revenue 6 149 NOK → 14.12m NOK (+229605.4%). Net result -362.9k NOK → +348.0k NOK. Equity -586.8k NOK → -238.8k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ABC RESTAURANT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6 149 NOK to 14.12m NOK (+229605.4% YoY). Calculated
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Operating result improved
Operating result -359.3k NOK → +348.9k NOK (op. margin -5843.1% → 2.5%). Calculated
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Turned profitable
Net result flipped from a loss of 362.9k NOK to a profit of 348.0k NOK. Calculated
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Equity strengthened
Book equity -586.8k NOK → -238.8k NOK (equity ratio -13.6% → -5.5%). Calculated
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Cash rose
Bank deposits 1.38m NOK → 1.63m NOK (+17.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 3.04m NOK → 7.02m NOK (49487% → 50% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 504 NOK → 3.69m NOK (+245270.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 5.5 → 10. Reported fact