AEGEAN MAT AS: årsregnskap 2021 vs 2020
Shrank 13% on revenue, stronger earnings
approved 2022-06-08; registry 2022-06-13; journal 2022 446300
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AEGEAN MAT AS. Revenue 674.0k NOK → 586.5k NOK (-13.0%). Net result +248.1k NOK → +684.8k NOK. Equity 10.44m NOK → 124.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +321.5k NOK → +877.3k NOK (op. margin 47.7% → 149.6%). Calculated
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Net result improved
Net result +248.1k NOK → +684.8k NOK (net margin 36.8% → 116.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 674.0k NOK to 586.5k NOK (-13.0% YoY). Calculated
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↓
Equity eroded
Book equity 10.44m NOK → 124.0k NOK (equity ratio 1805.1% → 20.5%). Calculated
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↓
Cash fell
Bank deposits 489.3k NOK → 376.7k NOK (-23.0% YoY). Calculated
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Payroll up without matching revenue
Salary cost 34.2k NOK → 1.67m NOK (5% → 285% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 115.9k NOK → 353.1k NOK (+204.7% YoY). Calculated