ABELVÆR FILETFABRIKK AS: årsregnskap 2021 vs 2020
Grew 126% on revenue, stronger earnings, cash halved-plus
approved 2022-04-19; registry 2022-05-24; journal 2022 265002
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABELVÆR FILETFABRIKK AS. Revenue 45.00m NOK → 101.76m NOK (+126.2%). Net result +114.2k NOK → +3.06m NOK. Equity 1.10m NOK → 1.16m 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 ABELVÆR FILETFABRIKK AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 45.00m NOK to 101.76m NOK (+126.2% YoY). Calculated
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Operating result improved
Operating result +161.1k NOK → +929.3k NOK (op. margin 0.4% → 0.9%). Calculated
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Net result improved
Net result +114.2k NOK → +3.06m NOK (net margin 0.3% → 3.0%). Calculated
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Equity strengthened
Book equity 1.10m NOK → 1.16m NOK (equity ratio 16.7% → 10.5%). Calculated
What deteriorated
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Cash fell
Bank deposits 772.2k NOK → 365.7k NOK (-52.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 17.46m NOK → 21.86m NOK (39% → 21% of revenue). Calculated
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COGS moved
COGS / varekostnad 21.89m NOK → 68.78m NOK (+214.2% YoY). Calculated