ARENDALS FOSSEKOMPANI ASA: årsregnskap 2021 vs 2020
Grew 447% on revenue, stronger earnings
approved 2022-05-05; registry 2022-06-22; journal 2022 483565
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ARENDALS FOSSEKOMPANI ASA. Revenue 69.88m NOK → 382.37m NOK (+447.2%). Net result +520.1k NOK → +1.42m NOK. Equity 3.38bn NOK → 2.87bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ARENDALS FOSSEKOMPANI ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 69.88m NOK to 382.37m NOK (+447.2% YoY). Calculated
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Operating result improved
Operating result -54.99m NOK → +235.50m NOK (op. margin -78.7% → 61.6%). Calculated
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Net result improved
Net result +520.1k NOK → +1.42m NOK (net margin 0.7% → 0.4%). Calculated
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Cash rose
Bank deposits 765.6k NOK → 1.41m NOK (+84.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 167.8k NOK → 171.0k NOK (+3 192 NOK). Reported fact
What deteriorated
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Equity eroded
Book equity 3.38bn NOK → 2.87bn NOK (equity ratio 82.5% → 79.1%). Calculated
Things to notice
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Payroll increased
Salary cost 64.56m NOK → 65.70m NOK (92% → 17% of revenue). Calculated
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COGS fell
COGS / varekostnad 6.49m NOK → 2.50m NOK (-61.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 2.17bn NOK → 1.82bn NOK. Reported fact