AIBEL AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-02-10; registry 2022-07-11; journal 2022 621004
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIBEL AS. Revenue 12.13bn NOK → 12.18bn NOK (+0.4%). Net result +189.92m NOK → +266.4k NOK. Equity 1.48bn NOK → 1.53bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIBEL AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 12.13bn NOK to 12.18bn NOK (+0.4% YoY). Calculated
-
↑
Equity strengthened
Book equity 1.48bn NOK → 1.53bn NOK (equity ratio 21.6% → 19.6%). Calculated
-
↑
Cash rose
Bank deposits 982.9k NOK → 478.94m NOK (+48629.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +203.63m NOK → +344.1k NOK (op. margin 1.7% → 0.0%). Calculated
-
↓
Net result weakened
Net result +189.92m NOK → +266.4k NOK (net margin 1.6% → 0.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.09bn NOK → 5.83bn NOK (42% → 48% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 5.72bn NOK → 5.07bn NOK (-11.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 62.42m NOK → 60.74m NOK. Reported fact