ABC TRAFIKKSKOLE STEINAR MYHRE AS: årsregnskap 2021 vs 2020
Returned to profit, cash halved-plus
approved 2022-05-30; registry 2022-06-13; journal 2022 444692
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC TRAFIKKSKOLE STEINAR MYHRE AS. Revenue 405.7k NOK → 423.1k NOK (+4.3%). Net result -39.9k NOK → +37.5k NOK. Equity 280.4k NOK → 317.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC TRAFIKKSKOLE STEINAR MYHRE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 405.7k NOK to 423.1k NOK (+4.3% YoY). Calculated
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Operating result improved
Operating result -46.1k NOK → +53.2k NOK (op. margin -11.4% → 12.6%). Calculated
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Turned profitable
Net result flipped from a loss of 39.9k NOK to a profit of 37.5k NOK. Calculated
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Equity strengthened
Book equity 280.4k NOK → 317.9k NOK (equity ratio 71.4% → 89.2%). Calculated
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Current ratio back above 1×
Current ratio 0.08× → 3.92×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 235.1k NOK → 54.0k NOK (-77.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 26.7k NOK → 8 890 NOK (-66.7% YoY). Calculated