ACTIVE MARINE AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-05-04; registry 2022-05-10; journal 2022 275921
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIVE MARINE AS. Revenue 1.83m NOK → 1.84m NOK (+0.5%). Net result +149.7k NOK → +332.3k NOK. Equity 12.76m NOK → 496.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACTIVE MARINE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.83m NOK to 1.84m NOK (+0.5% YoY). Calculated
-
↑
Operating result improved
Operating result +45.1k NOK → +434.9k NOK (op. margin 2.5% → 23.7%). Calculated
-
↑
Net result improved
Net result +149.7k NOK → +332.3k NOK (net margin 8.2% → 18.1%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.35× → 30.58×. Calculated
-
↑
Payroll decreased
Salary cost 1.73m NOK → 1.34m NOK (94% → 73% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 12.76m NOK → 496.0k NOK (equity ratio 1109.0% → 32.0%). Calculated
-
↓
Cash fell
Bank deposits 861.3k NOK → 1 135 NOK (-99.9% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 13.11m NOK → 8.20m NOK. Reported fact