AJ BLIKK AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-05-14; registry 2022-07-14; journal 2022 706478
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJ BLIKK AS. Revenue 3.85m NOK → 3.99m NOK (+3.8%). Net result +499.5k NOK → +774.6k NOK. Equity 543.5k NOK → 318.1k NOK.
On the constructive side: revenue rose; net result improved; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ BLIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.85m NOK to 3.99m NOK (+3.8% YoY). Calculated
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↑
Net result improved
Net result +499.5k NOK → +774.6k NOK (net margin 13.0% → 19.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.28× → 2.49×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +657.2k NOK → +5 297 NOK (op. margin 17.1% → 0.1%). Calculated
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↓
Equity eroded
Book equity 543.5k NOK → 318.1k NOK (equity ratio 122.7% → 13.9%). Calculated
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↓
Cash fell
Bank deposits 374.1k NOK → 71.6k NOK (-80.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.48m NOK → 1.50m NOK (39% → 38% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 210.2k NOK → 915.3k NOK (+335.5% YoY). Calculated