ABK MACHINES AS: årsregnskap 2021 vs 2020
Shrank 32% on revenue, weaker earnings
approved 2022-06-13; registry 2022-06-18; journal 2022 453153
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABK MACHINES AS. Revenue 17.00m NOK → 11.58m NOK (-31.9%). Net result +775.0k NOK → +131.9k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABK MACHINES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +361.7k NOK → +379.4k NOK (op. margin 2.1% → 3.3%). Calculated
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↑
Payroll decreased
Salary cost 905.4k NOK → 548.8k NOK (5% → 5% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 17.00m NOK to 11.58m NOK (-31.9% YoY). Calculated
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↓
Net result weakened
Net result +775.0k NOK → +131.9k NOK (net margin 4.6% → 1.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 15.25m NOK → 10.14m NOK (-33.5% YoY). Calculated