ACTIVE PARTNER AS: årsregnskap 2021 vs 2020
Shrank 13% on revenue, weaker earnings
registry 2022-06-15; journal 2022 431223
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIVE PARTNER AS. Revenue 1.79m NOK → 1.55m NOK (-13.5%). Net result +16.44m NOK → +4.50m NOK. Equity 22.56m NOK → 27.06m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTIVE PARTNER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -327.9k NOK → +369.0k NOK (op. margin -18.4% → 23.9%). Calculated
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↑
Equity strengthened
Book equity 22.56m NOK → 27.06m NOK (equity ratio 94.9% → 98.4%). Calculated
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↑
Cash rose
Bank deposits 1.27m NOK → 5.77m NOK (+354.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.79m NOK to 1.55m NOK (-13.5% YoY). Calculated
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↓
Net result weakened
Net result +16.44m NOK → +4.50m NOK (net margin 920.2% → 291.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 570.0k NOK → 641.7k NOK (32% → 41% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 654.4k NOK → 243.4k NOK (-62.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 NOK → 600.0k NOK. Reported fact