Org.nr 922 784 167 2020 → 2021 Year-over-year analysis

AD LIB KUNST OG KULTUR AS: årsregnskap 2021 vs 2020

Grew 157% on revenue, stronger earnings

approved 2022-02-28; registry 2022-07-27; journal 2022 793314

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AD LIB KUNST OG KULTUR AS. Revenue 198.6k NOK → 510.1k NOK (+156.9%). Net result +36.9k NOK → +88.8k NOK. Equity 11.20m NOK → 10.32m NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AD LIB KUNST OG KULTUR AS.

Scorecard

Revenue
198.6k NOK 510.1k NOK
+156.9%
Operating result
+48.0k NOK +147.8k NOK
+207.9%
Net result
+36.9k NOK +88.8k NOK
+140.4%
Equity
11.20m NOK 10.32m NOK
-7.8%
Cash
177.6k NOK 144.1k NOK
-18.8%
Total assets
248.1k NOK 467.8k NOK
+88.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 198.6k NOK to 510.1k NOK (+156.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +48.0k NOK → +147.8k NOK (op. margin 24.2% → 29.0%). Calculated

  • ↑

    Net result improved

    Net result +36.9k NOK → +88.8k NOK (net margin 18.6% → 17.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.20m NOK → 10.32m NOK (equity ratio 4513.7% → 2206.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 177.6k NOK → 144.1k NOK (-18.8% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.5 → 1. Reported fact