FirmaIQ
Org.nr 981 566 459 2020 → 2021 Year-over-year analysis

ABE STAR PARKETT AS: årsregnskap 2021 vs 2020

Grew 12% on revenue

approved 2022-07-27; registry 2022-08-11; journal 2022 840715

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABE STAR PARKETT AS. Revenue 7.67m NOK → 8.59m NOK (+12.0%). Net result +1.35m NOK → +1.52m NOK. Equity 954.3k NOK → 978.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.

At a glance

Scorecard

Revenue
7.67m NOK 8.59m NOK
+12.0%
Operating result
+683.9k NOK +1.95m NOK
+185.0%
Net result
+1.35m NOK +1.52m NOK
+13.0%
Equity
954.3k NOK 978.5k NOK
+2.5%
Cash
2.70m NOK 2.58m NOK
-4.6%
Total assets
4.40m NOK 4.50m NOK
+2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.67m NOK to 8.59m NOK (+12.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +683.9k NOK → +1.95m NOK (op. margin 8.9% → 22.7%). Calculated

  • ↑

    Net result improved

    Net result +1.35m NOK → +1.52m NOK (net margin 17.6% → 17.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 954.3k NOK → 978.5k NOK (equity ratio 21.7% → 21.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.70m NOK → 2.58m NOK (-4.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.07m NOK → 4.47m NOK (53% → 52% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 345.0k NOK → 1.55m NOK (+348.0% YoY). Calculated