AJ SELLISETH AS: årsregnskap 2021 vs 2020
Grew 38% on revenue, returned to profit
approved 2022-06-30; registry 2022-07-21; journal 2022 756582
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJ SELLISETH AS. Revenue 2.87m NOK → 3.97m NOK (+38.5%). Net result -130.8k NOK → +289.1k NOK. Equity 2.36m NOK → 2.65m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ SELLISETH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.87m NOK to 3.97m NOK (+38.5% YoY). Calculated
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Operating result improved
Operating result -176.2k NOK → +442.7k NOK (op. margin -6.1% → 11.1%). Calculated
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Turned profitable
Net result flipped from a loss of 130.8k NOK to a profit of 289.1k NOK. Calculated
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Equity strengthened
Book equity 2.36m NOK → 2.65m NOK (equity ratio 90.2% → 34.1%). Calculated
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Cash rose
Bank deposits 396.1k NOK → 960.4k NOK (+142.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 298.3k NOK → 333.0k NOK (10% → 8% of revenue). Calculated
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COGS moved
COGS / varekostnad 41.9k NOK → 1.09m NOK (+2502.2% YoY). Calculated