FirmaIQ
Org.nr 998 583 470 2020 → 2021 Year-over-year analysis

ABP ELEKTRO AS: årsregnskap 2021 vs 2020

Grew 8% on revenue

approved 2022-02-10; registry 2022-02-21; journal 2022 119075

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ABP ELEKTRO AS. Revenue 24.22m NOK → 26.12m NOK (+7.9%). Net result +1.96m NOK → +2.31m NOK. Equity 4.75m NOK → 4.76m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABP ELEKTRO AS.

At a glance

Scorecard

Revenue
24.22m NOK 26.12m NOK
+7.9%
Operating result
+2.61m NOK +2.94m NOK
+12.9%
Net result
+1.96m NOK +2.31m NOK
+17.9%
Equity
4.75m NOK 4.76m NOK
+0.3%
Cash
9.32m NOK 9.17m NOK
-1.7%
Total assets
13.44m NOK 17.01m NOK
+26.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.22m NOK to 26.12m NOK (+7.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.61m NOK → +2.94m NOK (op. margin 10.8% → 11.3%). Calculated

  • ↑

    Net result improved

    Net result +1.96m NOK → +2.31m NOK (net margin 8.1% → 8.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.75m NOK → 4.76m NOK (equity ratio 35.3% → 28.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 9.32m NOK → 9.17m NOK (-1.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 10.24m NOK → 10.85m NOK (42% → 42% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.00m NOK → 10.22m NOK (+13.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 10.0k NOK. Reported fact