FirmaIQ
Org.nr 998 680 700 2020 → 2021 Year-over-year analysis

AJ ELEKTRO AS: årsregnskap 2021 vs 2020

Grew 34% on revenue, stronger earnings

approved 2022-03-22; registry 2022-03-28; journal 2022 168767

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AJ ELEKTRO AS. Revenue 3.20m NOK → 4.28m NOK (+33.5%). Net result +256.0k NOK → +323.7k NOK. Equity 612.3k NOK → 736.0k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AJ ELEKTRO AS.

At a glance

Scorecard

Revenue
3.20m NOK 4.28m NOK
+33.5%
Operating result
+338.5k NOK +423.7k NOK
+25.2%
Net result
+256.0k NOK +323.7k NOK
+26.4%
Equity
612.3k NOK 736.0k NOK
+20.2%
Cash
753.7k NOK 991.7k NOK
+31.6%
Total assets
1.69m NOK 1.88m NOK
+11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.20m NOK to 4.28m NOK (+33.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +338.5k NOK → +423.7k NOK (op. margin 10.6% → 9.9%). Calculated

  • ↑

    Net result improved

    Net result +256.0k NOK → +323.7k NOK (net margin 8.0% → 7.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 612.3k NOK → 736.0k NOK (equity ratio 36.3% → 39.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 753.7k NOK → 991.7k NOK (+31.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.22m NOK → 1.62m NOK (38% → 38% of revenue). Calculated