ADOLFSEN MASKIN OG TRANSPORT AS: årsregnskap 2021 vs 2020
Shrank 23% on revenue, slipped into loss
approved 2022-06-14; registry 2022-08-22; journal 2022 894629
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADOLFSEN MASKIN OG TRANSPORT AS. Revenue 7.60m NOK → 5.86m NOK (-22.9%). Net result +832.8k NOK → -126.6k NOK. Equity 7.02m NOK → 6.89m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.34m NOK → 2.08m NOK (31% → 36% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.60m NOK to 5.86m NOK (-22.9% YoY). Calculated
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↓
Operating result weakened
Operating result +1.17m NOK → -81.8k NOK (op. margin 15.5% → -1.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 832.8k NOK profit to a loss of 126.6k NOK. Calculated
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↓
Equity eroded
Book equity 7.02m NOK → 6.89m NOK (equity ratio 65.8% → 66.0%). Calculated
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↓
Cash fell
Bank deposits 3.33m NOK → 2.53m NOK (-23.9% YoY). Calculated