ABSALONSEN TRANSPORT AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-07-15; registry 2022-07-21; journal 2022 759038
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ABSALONSEN TRANSPORT AS. Revenue 1.85m NOK → 1.94m NOK (+4.9%). Net result +36.2k NOK → +10.37m NOK. Equity -435.0k NOK → -63.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABSALONSEN TRANSPORT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.85m NOK to 1.94m NOK (+4.9% YoY). Calculated
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Operating result improved
Operating result +81.4k NOK → +404.7k NOK (op. margin 4.4% → 20.9%). Calculated
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Net result improved
Net result +36.2k NOK → +10.37m NOK (net margin 2.0% → 534.9%). Calculated
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Equity strengthened
Book equity -435.0k NOK → -63.9k NOK (equity ratio -181.0% → -12.9%). Calculated
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Cash rose
Bank deposits 1 049 NOK → 194.2k NOK (+18410.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 161 NOK → 346.2k NOK (0% → 18% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 177.5k NOK → 205.6k NOK (+15.8% YoY). Calculated