Org.nr 987 538 589 2020 → 2021 Year-over-year analysis

AHLQVIST AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue, returned to profit

approved 2022-03-24; registry 2022-05-23; journal 2022 320779

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AHLQVIST AS. Revenue 432.5k NOK → 392.2k NOK (-9.3%). Net result -209.3k NOK → +580.1k NOK. Equity 930.9k NOK → 711.0k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Revenue
432.5k NOK 392.2k NOK
-9.3%
Operating result
-170.3k NOK +651.3k NOK
+482.5%
Net result
-209.3k NOK +580.1k NOK
+377.2%
Equity
930.9k NOK 711.0k NOK
-23.6%
Cash
957.9k NOK 831.6k NOK
-13.2%
Total assets
1.04m NOK 1.00m NOK
-3.4%

What improved

  • ↑

    Operating result improved

    Operating result -170.3k NOK → +651.3k NOK (op. margin -39.4% → 166.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 209.3k NOK to a profit of 580.1k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 432.5k NOK to 392.2k NOK (-9.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 930.9k NOK → 711.0k NOK (equity ratio 89.5% → 70.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 957.9k NOK → 831.6k NOK (-13.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 290.4k NOK → 460.0k NOK (67% → 117% of revenue). Calculated