FirmaIQ
Org.nr 994 273 728 2020 → 2021 Year-over-year analysis

AER FABER AS: årsregnskap 2021 vs 2020

Grew 15% on revenue, stronger earnings

approved 2022-06-27; registry 2022-06-30; journal 2022 545791

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AER FABER AS. Revenue 53.68m NOK → 61.63m NOK (+14.8%). Net result +8.10m NOK → +10.11m NOK. Equity 22.06m NOK → 19.17m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AER FABER AS.

At a glance

Scorecard

Revenue
53.68m NOK 61.63m NOK
+14.8%
Operating result
+10.50m NOK +12.68m NOK
+20.7%
Net result
+8.10m NOK +10.11m NOK
+24.9%
Equity
22.06m NOK 19.17m NOK
-13.1%
Cash
14.20m NOK 21.69m NOK
+52.8%
Total assets
34.01m NOK 41.83m NOK
+23.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 53.68m NOK to 61.63m NOK (+14.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.50m NOK → +12.68m NOK (op. margin 19.6% → 20.6%). Calculated

  • ↑

    Net result improved

    Net result +8.10m NOK → +10.11m NOK (net margin 15.1% → 16.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.20m NOK → 21.69m NOK (+52.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 22.06m NOK → 19.17m NOK (equity ratio 64.9% → 45.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 11.07m NOK → 11.73m NOK (21% → 19% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 26.78m NOK → 30.82m NOK (+15.1% YoY). Calculated