AEM SERVICE AS: årsregnskap 2021 vs 2020
Shrank 18% on revenue, weaker earnings
approved 2023-08-20; registry 2023-08-22; journal 2023 713571
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AEM SERVICE AS. Revenue 2.13m NOK → 1.74m NOK (-18.4%). Net result -99.1k NOK → -213.7k NOK. Equity -148.5k NOK → -362.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for AEM SERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 28.0k NOK → 40.1k NOK (+43.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.13m NOK to 1.74m NOK (-18.4% YoY). Calculated
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↓
Operating result weakened
Operating result -42.2k NOK → -146.0k NOK (op. margin -2.0% → -8.4%). Calculated
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↓
Net result weakened
Net result -99.1k NOK → -213.7k NOK (net margin -4.6% → -12.3%). Calculated
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↓
Equity eroded
Book equity -148.5k NOK → -362.2k NOK (equity ratio -37.1% → -40.3%). Calculated
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↓
COGS moved
COGS / varekostnad 43.1k NOK → 48.5k NOK (+12.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -40.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 0 → 4. Reported fact