FirmaIQ
Org.nr 923 477 977 2020 → 2021 Year-over-year analysis

AK MALERSERVICE AS: årsregnskap 2021 vs 2020

Grew 171935% on revenue, stronger earnings

approved 2022-03-08; registry 2022-03-19; journal 2022 152897

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AK MALERSERVICE AS. Revenue 1 122 NOK → 1.93m NOK (+171935.4%). Net result +242.2k NOK → +462.8k NOK. Equity 2.33m NOK → 428.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AK MALERSERVICE AS.

At a glance

Scorecard

Revenue
1 122 NOK 1.93m NOK
+171935.4%
Operating result
+310.6k NOK +591.5k NOK
+90.4%
Net result
+242.2k NOK +462.8k NOK
+91.1%
Equity
2.33m NOK 428.2k NOK
-81.6%
Cash
421.9k NOK 840.7k NOK
+99.3%
Total assets
578.7k NOK 120.4k NOK
-79.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 122 NOK to 1.93m NOK (+171935.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +310.6k NOK → +591.5k NOK (op. margin 27686.2% → 30.6%). Calculated

  • ↑

    Net result improved

    Net result +242.2k NOK → +462.8k NOK (net margin 21582.5% → 24.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 421.9k NOK → 840.7k NOK (+99.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.33m NOK → 428.2k NOK (equity ratio 401.9% → 355.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 588 NOK → 830.8k NOK (676% → 43% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 106.9k NOK → 299.3k NOK (+179.9% YoY). Calculated