ABC - VARMEPUMPER AS: årsregnskap 2021 vs 2020
Grew 18% on revenue, weaker earnings, cash halved-plus
approved 2022-05-10; registry 2022-05-12; journal 2022 284779
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABC - VARMEPUMPER AS. Revenue 801.6k NOK → 946.4k NOK (+18.1%). Net result -8 849 NOK → -108.7k NOK. Equity 197.7k NOK → 89.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABC - VARMEPUMPER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 801.6k NOK to 946.4k NOK (+18.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.9k NOK → -139.3k NOK (op. margin -1.4% → -14.7%). Calculated
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↓
Net result weakened
Net result -8 849 NOK → -108.7k NOK (net margin -1.1% → -11.5%). Calculated
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↓
Equity eroded
Book equity 197.7k NOK → 89.0k NOK. Calculated
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↓
Cash fell
Bank deposits 208.1k NOK → 66.3k NOK (-68.1% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 345.3k NOK → 506.0k NOK (43% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 303.3k NOK → 397.4k NOK (+31.0% YoY). Calculated