AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS: årsregnskap 2021 vs 2020
Grew 33% on revenue, returned to profit
approved 2022-03-08; registry 2022-03-12; journal 2022 140659
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS. Revenue 27.23m NOK → 36.16m NOK (+32.8%). Net result -2.26m NOK → +3.01m NOK. Equity 1.73m NOK → 4.74m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AK ARVID KNUTSEN MUR- OG TØMRERMESTERFORRETNING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 27.23m NOK to 36.16m NOK (+32.8% YoY). Calculated
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Operating result improved
Operating result -2.23m NOK → +2.76m NOK (op. margin -8.2% → 7.6%). Calculated
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Turned profitable
Net result flipped from a loss of 2.26m NOK to a profit of 3.01m NOK. Calculated
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Equity strengthened
Book equity 1.73m NOK → 4.74m NOK (equity ratio 23.7% → 44.3%). Calculated
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Cash rose
Bank deposits 1.82m NOK → 4.97m NOK (+172.6% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 9.47m NOK → 9.53m NOK (35% → 26% of revenue). Calculated
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COGS moved
COGS / varekostnad 16.50m NOK → 20.87m NOK (+26.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 471.7k NOK → 266.0k NOK. Reported fact