AD MALERARBEID AS: årsregnskap 2021 vs 2020
Shrank 9% on revenue, returned to profit
approved 2022-05-10; registry 2022-05-12; journal 2022 286581
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD MALERARBEID AS. Revenue 2.09m NOK → 1.91m NOK (-8.6%). Net result -13.9k NOK → +476.2k NOK. Equity -205.6k NOK → 10.27m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AD MALERARBEID AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +20.8k NOK → +503.5k NOK (op. margin 1.0% → 26.4%). Calculated
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Turned profitable
Net result flipped from a loss of 13.9k NOK to a profit of 476.2k NOK. Calculated
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Equity strengthened
Book equity -205.6k NOK → 10.27m NOK (equity ratio -23.8% → 17089.2%). Calculated
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Cash rose
Bank deposits 136.4k NOK → 687.2k NOK (+403.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.80× → 2.26×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.09m NOK to 1.91m NOK (-8.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 295.2k NOK → 71.8k NOK (-75.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact