ABC - TAK AS: årsregnskap 2021 vs 2020
Shrank 22% on revenue, weaker earnings
registry 2022-07-09; journal 2022 610422
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC - TAK AS. Revenue 14.89m NOK → 11.58m NOK (-22.2%). Net result +385.5k NOK → +62.2k NOK. Equity 3.70m NOK → 3.49m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC - TAK AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.91m NOK → 2.25m NOK (+18.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 4.85m NOK → 4.30m NOK (33% → 37% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.89m NOK to 11.58m NOK (-22.2% YoY). Calculated
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↓
Operating result weakened
Operating result +886.3k NOK → +392.3k NOK (op. margin 6.0% → 3.4%). Calculated
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↓
Net result weakened
Net result +385.5k NOK → +62.2k NOK (net margin 2.6% → 0.5%). Calculated
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↓
Equity eroded
Book equity 3.70m NOK → 3.49m NOK (equity ratio 41.6% → 48.7%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 6.02m NOK → 5.00m NOK (-16.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 102.7k NOK → 302.0k NOK. Reported fact