FirmaIQ
Org.nr 990 711 224 2020 → 2021 Year-over-year analysis

ABK RØRSERVICE AS: årsregnskap 2021 vs 2020

Grew 22% on revenue, weaker earnings

approved 2022-05-16; registry 2022-05-23; journal 2022 327375

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABK RØRSERVICE AS. Revenue 3.88m NOK → 4.73m NOK (+21.9%). Net result +684.2k NOK → +166.6k NOK. Equity 2.40m NOK → 2.52m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
3.88m NOK 4.73m NOK
+21.9%
Operating result
+808.7k NOK +477.5k NOK
-41.0%
Net result
+684.2k NOK +166.6k NOK
-75.6%
Equity
2.40m NOK 2.52m NOK
+5.0%
Cash
1.09m NOK 2.22m NOK
+104.3%
Total assets
3.72m NOK 4.37m NOK
+17.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.88m NOK to 4.73m NOK (+21.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.40m NOK → 2.52m NOK (equity ratio 64.5% → 57.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.09m NOK → 2.22m NOK (+104.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +808.7k NOK → +477.5k NOK (op. margin 20.8% → 10.1%). Calculated

  • ↓

    Net result weakened

    Net result +684.2k NOK → +166.6k NOK (net margin 17.6% → 3.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 264.1k NOK → 1.40m NOK (+431.1% YoY). Calculated