AKERSHUS BYGG & HÅNDTVERKSERVICE AS: årsregnskap 2021 vs 2020
Grew 39% on revenue, weaker earnings
approved 2022-03-07; registry 2022-03-28; journal 2022 169763
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKERSHUS BYGG & HÅNDTVERKSERVICE AS. Revenue 4.74m NOK → 6.61m NOK (+39.4%). Net result +333.9k NOK → +138.5k NOK. Equity 933.3k NOK → 871.8k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS BYGG & HÅNDTVERKSERVICE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.74m NOK to 6.61m NOK (+39.4% YoY). Calculated
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Operating result improved
Operating result +432.9k NOK → +585.4k NOK (op. margin 9.1% → 8.9%). Calculated
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Cash rose
Bank deposits 52.6k NOK → 982.3k NOK (+1766.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.81× → 5.04×. Calculated
What deteriorated
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↓
Net result weakened
Net result +333.9k NOK → +138.5k NOK (net margin 7.0% → 2.1%). Calculated
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↓
Equity eroded
Book equity 933.3k NOK → 871.8k NOK (equity ratio 204.4% → 29.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.51m NOK → 1.68m NOK (32% → 25% of revenue). Calculated
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COGS moved
COGS / varekostnad 236.4k NOK → 3.67m NOK (+1451.6% YoY). Calculated