AH TAKSTSERVICE AS: årsregnskap 2021 vs 2020
Shrank 25% on revenue, stronger earnings
registry 2022-07-23; journal 2022 763116
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AH TAKSTSERVICE AS. Revenue 271.5k NOK → 203.0k NOK (-25.2%). Net result -61.2k NOK → -41.8k NOK. Equity -109.9k NOK → -151.7k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH TAKSTSERVICE AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -61.2k NOK → -41.8k NOK (net margin -22.5% → -20.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 271.5k NOK to 203.0k NOK (-25.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -47.4k NOK → -64.9k NOK (op. margin -17.5% → -32.0%). Calculated
-
↓
Equity eroded
Book equity -109.9k NOK → -151.7k NOK (equity ratio -21.3% → -145.9%). Calculated
-
↓
Cash fell
Bank deposits 8 385 NOK → 5 831 NOK (-30.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -145.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation