FirmaIQ
Org.nr 915 157 564 2020 → 2021 Year-over-year analysis

AF AUTO AS: årsregnskap 2021 vs 2020

Grew 238% on revenue, weaker earnings

approved 2022-05-10; registry 2022-05-18; journal 2022 304588

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AF AUTO AS. Revenue 2.00m NOK → 6.77m NOK (+238.0%). Net result +663.2k NOK → +457.0k NOK. Equity 429.4k NOK → 886.4k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AF AUTO AS.

At a glance

Scorecard

Revenue
2.00m NOK 6.77m NOK
+238.0%
Operating result
+851.4k NOK +868.0k NOK
+1.9%
Net result
+663.2k NOK +457.0k NOK
-31.1%
Equity
429.4k NOK 886.4k NOK
+106.4%
Cash
314.9k NOK 874.4k NOK
+177.7%
Total assets
2.25m NOK 3.44m NOK
+52.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.00m NOK to 6.77m NOK (+238.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +851.4k NOK → +868.0k NOK (op. margin 42.5% → 12.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 429.4k NOK → 886.4k NOK (equity ratio 19.0% → 25.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 314.9k NOK → 874.4k NOK (+177.7% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +663.2k NOK → +457.0k NOK (net margin 33.1% → 6.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.11m NOK → 4.87m NOK (+337.6% YoY). Calculated