ACTIVE SERVICES AS: årsregnskap 2021 vs 2020
Cash halved-plus
approved 2022-05-06; registry 2022-06-01; journal 2022 302216
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIVE SERVICES AS. Revenue 6.13m NOK → 6.40m NOK (+4.4%). Net result +400.6k NOK → +363.9k NOK. Equity 913.7k NOK → 497.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVE SERVICES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.13m NOK to 6.40m NOK (+4.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +510.5k NOK → +478.2k NOK (op. margin 8.3% → 7.5%). Calculated
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↓
Net result weakened
Net result +400.6k NOK → +363.9k NOK (net margin 6.5% → 5.7%). Calculated
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↓
Equity eroded
Book equity 913.7k NOK → 497.6k NOK (equity ratio 46.2% → 29.5%). Calculated
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↓
Cash fell
Bank deposits 5.82m NOK → 621.1k NOK (-89.3% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.82m NOK → 621.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 3.83m NOK → 3.88m NOK (62% → 61% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 491.3k NOK → 605.3k NOK (+23.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 41.7k NOK → 16.7k NOK. Reported fact