ABS-MASKIN AS: årsregnskap 2021 vs 2020
Grew 11% on revenue, weaker earnings
approved 2022-02-28; registry 2022-05-07; journal 2022 212096
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABS-MASKIN AS. Revenue 49.87m NOK → 55.49m NOK (+11.3%). Net result +513.1k NOK → +107.0k NOK. Equity 8.15m NOK → 10.25m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABS-MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 49.87m NOK to 55.49m NOK (+11.3% YoY). Calculated
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↑
Operating result improved
Operating result +123.1k NOK → +791.1k NOK (op. margin 0.2% → 1.4%). Calculated
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↑
Equity strengthened
Book equity 8.15m NOK → 10.25m NOK (equity ratio 26.6% → 42.2%). Calculated
What deteriorated
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↓
Net result weakened
Net result +513.1k NOK → +107.0k NOK (net margin 1.0% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 12.18m NOK → 6.71m NOK (-44.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 8.50m NOK → 8.88m NOK (17% → 16% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 37.34m NOK → 40.02m NOK (+7.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 720.4k NOK → 492.0k NOK. Reported fact