FirmaIQ
Org.nr 946 827 185 2020 → 2021 Year-over-year analysis

AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS: årsregnskap 2021 vs 2020

Shrank 20% on revenue, weaker earnings, cash halved-plus

approved 2022-06-23; registry 2022-07-06; journal 2022 576628

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS. Revenue 37.60m NOK → 30.16m NOK (-19.8%). Net result +8.25m NOK → +4.87m NOK. Equity 1.05m NOK → 1.05m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AET - ARBEIDSMILJØ OG ENERGITEKNIKK AS.

At a glance

Scorecard

Revenue
37.60m NOK 30.16m NOK
-19.8%
Operating result
+10.55m NOK +6.23m NOK
-40.9%
Net result
+8.25m NOK +4.87m NOK
-41.0%
Equity
1.05m NOK 1.05m NOK
+0.0%
Cash
4.76m NOK 1.96m NOK
-58.9%
Total assets
16.07m NOK 12.73m NOK
-20.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.95m NOK → 2.74m NOK (8% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.60m NOK to 30.16m NOK (-19.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +10.55m NOK → +6.23m NOK (op. margin 28.1% → 20.7%). Calculated

  • ↓

    Net result weakened

    Net result +8.25m NOK → +4.87m NOK (net margin 21.9% → 16.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.76m NOK → 1.96m NOK (-58.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 20.83m NOK → 17.15m NOK (-17.7% YoY). Calculated