FirmaIQ
Org.nr 997 505 646 2020 → 2021 Year-over-year analysis

AJ OFFSHORE AS: årsregnskap 2021 vs 2020

Grew 9% on revenue

approved 2022-05-05; registry 2022-05-25; journal 2022 341334

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AJ OFFSHORE AS. Revenue 2.31m NOK → 2.51m NOK (+8.8%). Net result +758.2k NOK → +787.5k NOK. Equity 3.52m NOK → 4.01m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
2.31m NOK 2.51m NOK
+8.8%
Operating result
+771.6k NOK +861.5k NOK
+11.6%
Net result
+758.2k NOK +787.5k NOK
+3.9%
Equity
3.52m NOK 4.01m NOK
+13.8%
Cash
2.39m NOK 2.01m NOK
-15.6%
Total assets
4.01m NOK 4.39m NOK
+9.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.31m NOK to 2.51m NOK (+8.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +771.6k NOK → +861.5k NOK (op. margin 33.5% → 34.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.52m NOK → 4.01m NOK (equity ratio 87.8% → 91.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.39m NOK → 2.01m NOK (-15.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 076 NOK → 1.16m NOK (0% → 46% of revenue). Calculated