AE BYGG OG MALERSERVICE AS: årsregnskap 2021 vs 2020
Shrank 45% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-27; journal 2022 798588
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AE BYGG OG MALERSERVICE AS. Revenue 946.8k NOK → 518.2k NOK (-45.3%). Net result +131.8k NOK → +308.9k NOK. Equity 11.37m NOK → 678.5k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AE BYGG OG MALERSERVICE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +164.9k NOK → +379.6k NOK (op. margin 17.4% → 73.3%). Calculated
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Net result improved
Net result +131.8k NOK → +308.9k NOK (net margin 13.9% → 59.6%). Calculated
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Cash rose
Bank deposits 263.4k NOK → 713.1k NOK (+170.8% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 946.8k NOK to 518.2k NOK (-45.3% YoY). Calculated
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Equity eroded
Book equity 11.37m NOK → 678.5k NOK (equity ratio 2130.3% → 74.2%). Calculated
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Payroll up without matching revenue
Salary cost 2 NOK → 329.1k NOK (0% → 64% of revenue). Calculated
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COGS moved
COGS / varekostnad 180.0k NOK → 462.7k NOK (+157.1% YoY). Calculated
Things to notice
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact