FirmaIQ
Org.nr 914 329 337 2020 → 2021 Year-over-year analysis

AD-MA HOLDING AS: årsregnskap 2021 vs 2020

Shrank 23% on revenue, weaker earnings, cash halved-plus

approved 2022-06-14; registry 2022-07-06; journal 2022 634737

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AD-MA HOLDING AS. Revenue 168.5k NOK → 130.6k NOK (-22.5%). Net result +14.63m NOK → +2.77m NOK. Equity 21.38m NOK → 23.15m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AD-MA HOLDING AS.

At a glance

Scorecard

Revenue
168.5k NOK 130.6k NOK
-22.5%
Operating result
-130.9k NOK -265.9k NOK
-103.1%
Net result
+14.63m NOK +2.77m NOK
-81.1%
Equity
21.38m NOK 23.15m NOK
+8.3%
Cash
1.05m NOK 521.8k NOK
-50.4%
Total assets
21.48m NOK 24.29m NOK
+13.1%

What improved

  • ↑

    Equity strengthened

    Book equity 21.38m NOK → 23.15m NOK (equity ratio 99.5% → 95.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 168.5k NOK to 130.6k NOK (-22.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -130.9k NOK → -265.9k NOK (op. margin -77.7% → -203.5%). Calculated

  • ↓

    Net result weakened

    Net result +14.63m NOK → +2.77m NOK (net margin 8680.7% → 2120.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.05m NOK → 521.8k NOK (-50.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 120.3k NOK → 78.2k NOK (-34.9% YoY). Calculated