ABD RØRSERVICE AS: årsregnskap 2021 vs 2020
Grew 22% on revenue, stronger earnings
approved 2022-05-24; registry 2022-07-27; journal 2022 718036
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABD RØRSERVICE AS. Revenue 19.28m NOK → 23.61m NOK (+22.5%). Net result +199.8k NOK → +482.7k NOK. Equity 2.11m NOK → 2.51m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABD RØRSERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 19.28m NOK to 23.61m NOK (+22.5% YoY). Calculated
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Operating result improved
Operating result +314.6k NOK → +948.3k NOK (op. margin 1.6% → 4.0%). Calculated
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Net result improved
Net result +199.8k NOK → +482.7k NOK (net margin 1.0% → 2.0%). Calculated
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Equity strengthened
Book equity 2.11m NOK → 2.51m NOK (equity ratio 29.4% → 25.9%). Calculated
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Cash rose
Bank deposits 1.97m NOK → 2.82m NOK (+43.2% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 5.95m NOK → 7.06m NOK (31% → 30% of revenue). Calculated
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COGS moved
COGS / varekostnad 10.20m NOK → 11.50m NOK (+12.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 287.4k NOK → 228.9k NOK. Reported fact