AD DEKOR AS: årsregnskap 2021 vs 2020
Grew 25% on revenue, returned to profit
approved 2022-03-31; registry 2022-06-07; journal 2022 330709
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD DEKOR AS. Revenue 16.17m NOK → 20.20m NOK (+24.9%). Net result -493.4k NOK → +430.7k NOK. Equity 7.07m NOK → 6.07m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AD DEKOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.17m NOK to 20.20m NOK (+24.9% YoY). Calculated
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↑
Operating result improved
Operating result -627.2k NOK → +536.1k NOK (op. margin -3.9% → 2.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 493.4k NOK to a profit of 430.7k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 7.07m NOK → 6.07m NOK (equity ratio 70.6% → 62.9%). Calculated
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↓
Cash fell
Bank deposits 3.21m NOK → 2.47m NOK (-23.1% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 7.07m NOK → 6.07m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 7.58m NOK → 8.34m NOK (47% → 41% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.59m NOK → 7.25m NOK (+29.6% YoY). Calculated