AD-FRAKT AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2021-12-31; registry 2022-07-05; journal 2022 612354
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD-FRAKT AS. Revenue 4.41m NOK → 4.49m NOK (+2.0%). Net result +273.9k NOK → +468.0k NOK. Equity 3.26m NOK → 3.28m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AD-FRAKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.41m NOK to 4.49m NOK (+2.0% YoY). Calculated
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↑
Operating result improved
Operating result +348.2k NOK → +627.7k NOK (op. margin 7.9% → 14.0%). Calculated
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↑
Net result improved
Net result +273.9k NOK → +468.0k NOK (net margin 6.2% → 10.4%). Calculated
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↑
Equity strengthened
Book equity 3.26m NOK → 3.28m NOK (equity ratio 66.2% → 68.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 939.7k NOK → 665.4k NOK (-29.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 810.0k NOK → 873.9k NOK (18% → 19% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.14m NOK → 874.1k NOK (-23.3% YoY). Calculated