ABC TRAFIKKSKOLE AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-06-01; registry 2022-08-03; journal 2022 775704
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC TRAFIKKSKOLE AS. Revenue 6.37m NOK → 6.51m NOK (+2.1%). Net result +626.1k NOK → +121.7k NOK. Equity 768.6k NOK → 540.3k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.37m NOK to 6.51m NOK (+2.1% YoY). Calculated
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↑
Cash rose
Bank deposits 562.9k NOK → 799.7k NOK (+42.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.10×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +957.0k NOK → +299.6k NOK (op. margin 15.0% → 4.6%). Calculated
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↓
Net result weakened
Net result +626.1k NOK → +121.7k NOK (net margin 9.8% → 1.9%). Calculated
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↓
Equity eroded
Book equity 768.6k NOK → 540.3k NOK (equity ratio 14.2% → 10.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.15m NOK → 3.57m NOK (50% → 55% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 225.3k NOK → 197.2k NOK (-12.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.8k NOK → 12.5k NOK. Reported fact