Org.nr 920 283 616 2020 → 2021 Year-over-year analysis

AC SCHNITZER NORGE AS: årsregnskap 2021 vs 2020

Grew 8% on revenue, weaker earnings

approved 2022-02-14; registry 2022-03-02; journal 2022 130241

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AC SCHNITZER NORGE AS. Revenue 1.12m NOK → 1.21m NOK (+8.1%). Net result +95.2k NOK → +51.6k NOK. Equity 115.1k NOK → 166.7k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AC SCHNITZER NORGE AS.

Scorecard

Revenue
1.12m NOK 1.21m NOK
+8.1%
Operating result
+161.8k NOK +72.8k NOK
-55.0%
Net result
+95.2k NOK +51.6k NOK
-45.8%
Equity
115.1k NOK 166.7k NOK
+44.9%
Cash
120.3k NOK 72.9k NOK
-39.4%
Total assets
155.8k NOK 230.0k NOK
+47.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.12m NOK to 1.21m NOK (+8.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 115.1k NOK → 166.7k NOK (equity ratio 73.9% → 72.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +161.8k NOK → +72.8k NOK (op. margin 14.4% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +95.2k NOK → +51.6k NOK (net margin 8.5% → 4.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.3k NOK → 72.9k NOK (-39.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 888.1k NOK → 992.6k NOK (+11.8% YoY). Calculated