AIVJU AS: årsregnskap 2021 vs 2020
Shrank 8% on revenue, weaker earnings
approved 2022-03-31; registry 2022-06-01; journal 2022 302250
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIVJU AS. Revenue 6.47m NOK → 5.96m NOK (-7.9%). Net result +595.8k NOK → +426.1k NOK. Equity 2.73m NOK → 4.16m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIVJU AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +763.6k NOK → +828.8k NOK (op. margin 11.8% → 13.9%). Calculated
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↑
Equity strengthened
Book equity 2.73m NOK → 4.16m NOK (equity ratio 77.1% → 80.9%). Calculated
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↑
Cash rose
Bank deposits 2.82m NOK → 4.89m NOK (+73.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.47m NOK to 5.96m NOK (-7.9% YoY). Calculated
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↓
Net result weakened
Net result +595.8k NOK → +426.1k NOK (net margin 9.2% → 7.2%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.50m NOK → 1.58m NOK (23% → 27% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.80m NOK → 857.7k NOK (-69.4% YoY). Calculated