ACOUSTIC TUNING AS: årsregnskap 2021 vs 2020
Grew 28% on revenue, returned to profit, fresh owner capital
registry 2022-08-02; journal 2022 847189
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACOUSTIC TUNING AS. Revenue 6.00m NOK → 7.68m NOK (+28.0%). Net result -368.5k NOK → +545.9k NOK. Equity -238.5k NOK → 675.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACOUSTIC TUNING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.00m NOK to 7.68m NOK (+28.0% YoY). Calculated
-
↑
Operating result improved
Operating result -244.7k NOK → +737.0k NOK (op. margin -4.1% → 9.6%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 368.5k NOK to a profit of 545.9k NOK. Calculated
-
↑
Equity strengthened
Book equity -238.5k NOK → 675.9k NOK (equity ratio -7.3% → 28.2%). Calculated
-
↑
Cash rose
Bank deposits 270.1k NOK → 446.2k NOK (+65.2% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 405.3k NOK → 726.8k NOK (7% → 9% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 5.14m NOK → 5.51m NOK (+7.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 229.7k NOK → 369.2k NOK. Reported fact