FirmaIQ
Org.nr 996 674 851 2020 → 2021 Year-over-year analysis

AKERSHUS GRUNNBORING AS: årsregnskap 2021 vs 2020

Grew 20% on revenue, stronger earnings

approved 2022-02-02; registry 2022-02-05; journal 2022 112920

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSHUS GRUNNBORING AS. Revenue 12.23m NOK → 14.68m NOK (+20.0%). Net result +3.41m NOK → +4.21m NOK. Equity 3.97m NOK → 4.38m NOK.

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

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

At a glance

Scorecard

Revenue
12.23m NOK 14.68m NOK
+20.0%
Operating result
+4.28m NOK +5.47m NOK
+27.7%
Net result
+3.41m NOK +4.21m NOK
+23.4%
Equity
3.97m NOK 4.38m NOK
+10.2%
Cash
6.96m NOK 6.47m NOK
-7.0%
Total assets
12.89m NOK 14.58m NOK
+13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.23m NOK to 14.68m NOK (+20.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.28m NOK → +5.47m NOK (op. margin 35.0% → 37.3%). Calculated

  • ↑

    Net result improved

    Net result +3.41m NOK → +4.21m NOK (net margin 27.9% → 28.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.97m NOK → 4.38m NOK (equity ratio 30.8% → 30.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 6.96m NOK → 6.47m NOK (-7.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.80m NOK → 4.21m NOK (31% → 29% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.64m NOK → 1.92m NOK (+17.1% YoY). Calculated