FirmaIQ
Org.nr 992 183 640 2020 → 2021 Year-over-year analysis

AKERSHUS - ØSTFOLD ELEKTRO AS: årsregnskap 2021 vs 2020

Grew 40% on revenue, stronger earnings

approved 2022-03-10; registry 2022-06-01; journal 2022 309607

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSHUS - ØSTFOLD ELEKTRO AS. Revenue 8.09m NOK → 11.30m NOK (+39.8%). Net result +1.61m NOK → +2.28m NOK. Equity 1.59m NOK → 1.67m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
8.09m NOK 11.30m NOK
+39.8%
Operating result
+2.07m NOK +2.92m NOK
+41.2%
Net result
+1.61m NOK +2.28m NOK
+41.2%
Equity
1.59m NOK 1.67m NOK
+4.8%
Cash
174.8k NOK 1.58m NOK
+803.9%
Total assets
6.45m NOK 7.36m NOK
+14.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.09m NOK to 11.30m NOK (+39.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.07m NOK → +2.92m NOK (op. margin 25.5% → 25.8%). Calculated

  • ↑

    Net result improved

    Net result +1.61m NOK → +2.28m NOK (net margin 19.9% → 20.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.59m NOK → 1.67m NOK (equity ratio 24.6% → 22.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 174.8k NOK → 1.58m NOK (+803.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.40m NOK → 2.69m NOK (30% → 24% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.90m NOK → 4.98m NOK (+71.8% YoY). Calculated