FirmaIQ
Org.nr 914 765 730 2020 → 2021 Year-over-year analysis

ABELSEN TØMRERSERVICE AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, stronger earnings

approved 2022-04-20; registry 2022-04-23; journal 2022 214183

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABELSEN TØMRERSERVICE AS. Revenue 5.54m NOK → 6.06m NOK (+9.4%). Net result +400.3k NOK → +481.6k NOK. Equity 113.8k NOK → 695.4k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ABELSEN TØMRERSERVICE AS.

At a glance

Scorecard

Revenue
5.54m NOK 6.06m NOK
+9.4%
Operating result
+518.6k NOK +617.8k NOK
+19.1%
Net result
+400.3k NOK +481.6k NOK
+20.3%
Equity
113.8k NOK 695.4k NOK
+511.1%
Cash
2.05m NOK 1.49m NOK
-27.0%
Total assets
2.32m NOK 1.66m NOK
-28.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.54m NOK to 6.06m NOK (+9.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +518.6k NOK → +617.8k NOK (op. margin 9.4% → 10.2%). Calculated

  • ↑

    Net result improved

    Net result +400.3k NOK → +481.6k NOK (net margin 7.2% → 8.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 113.8k NOK → 695.4k NOK (equity ratio 4.9% → 41.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.05m NOK → 1.49m NOK (-27.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.98m NOK → 2.27m NOK (+14.5% YoY). Calculated