FirmaIQ
Org.nr 983 208 460 2020 → 2021 Year-over-year analysis

AKERSHUS VVS AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue, stronger earnings

approved 2022-02-11; registry 2022-02-16; journal 2022 117038

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKERSHUS VVS AS. Revenue 6.41m NOK → 5.26m NOK (-17.9%). Net result +342.7k NOK → +679.9k NOK. Equity 1.35m NOK → 2.03m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS VVS AS.

At a glance

Scorecard

Revenue
6.41m NOK 5.26m NOK
-17.9%
Operating result
+455.5k NOK +871.2k NOK
+91.3%
Net result
+342.7k NOK +679.9k NOK
+98.4%
Equity
1.35m NOK 2.03m NOK
+50.5%
Cash
76.4k NOK 1.56m NOK
+1942.4%
Total assets
2.23m NOK 2.62m NOK
+17.8%

What improved

  • ↑

    Operating result improved

    Operating result +455.5k NOK → +871.2k NOK (op. margin 7.1% → 16.6%). Calculated

  • ↑

    Net result improved

    Net result +342.7k NOK → +679.9k NOK (net margin 5.3% → 12.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 2.03m NOK (equity ratio 60.5% → 77.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 76.4k NOK → 1.56m NOK (+1942.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.90m NOK → 1.81m NOK (30% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.41m NOK to 5.26m NOK (-17.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.85m NOK → 1.61m NOK (-43.6% YoY). Calculated