AD MEN AS: årsregnskap 2021 vs 2020
Grew 217% on revenue, weaker earnings
approved 2022-02-28; registry 2022-05-05; journal 2022 258854
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD MEN AS. Revenue 211.2k NOK → 668.8k NOK (+216.6%). Net result +22.6k NOK → +8 565 NOK. Equity 5 150 NOK → 13.7k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AD MEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 211.2k NOK to 668.8k NOK (+216.6% YoY). Calculated
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↑
Equity strengthened
Book equity 5 150 NOK → 13.7k NOK (equity ratio 35.4% → 13.1%). Calculated
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↑
Cash rose
Bank deposits 12.9k NOK → 78.3k NOK (+505.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +22.3k NOK → +8 669 NOK (op. margin 10.5% → 1.3%). Calculated
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↓
Net result weakened
Net result +22.6k NOK → +8 565 NOK (net margin 10.7% → 1.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 NOK → 2.44m NOK (0% → 364% of revenue). Calculated