AHSCO ENTREPRENØR AS: årsregnskap 2021 vs 2020
Shrank 52% on revenue, weaker earnings
approved 2022-07-26; registry 2022-08-08; journal 2022 813348
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AHSCO ENTREPRENØR AS. Revenue 56.75m NOK → 27.12m NOK (-52.2%). Net result +5.25m NOK → +1.61m NOK. Equity 11.77m NOK → 13.38m NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AHSCO ENTREPRENØR AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 11.77m NOK → 13.38m NOK (equity ratio 29.7% → 36.2%). Calculated
-
↑
Cash rose
Bank deposits 1.45m NOK → 4.14m NOK (+185.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 14.17m NOK → 10.93m NOK (25% → 40% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 56.75m NOK to 27.12m NOK (-52.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +4.75m NOK → +1.85m NOK (op. margin 8.4% → 6.8%). Calculated
-
↓
Net result weakened
Net result +5.25m NOK → +1.61m NOK (net margin 9.3% → 5.9%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 15.83m NOK → 886.9k NOK (-94.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 28.3k NOK → 26.30m NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 22 → 20. Reported fact