FirmaIQ
Org.nr 996 494 225 2020 → 2021 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2021 vs 2020

Grew 348% on revenue, returned to profit

approved 2022-06-07; registry 2022-06-16; journal 2022 442336

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AD PROSJEKT BYGG AS. Revenue 15.65m NOK → 70.11m NOK (+348.1%). Net result -1.02m NOK → +3.70m NOK. Equity 2.74m NOK → 6.44m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AD PROSJEKT BYGG AS.

At a glance

Scorecard

Revenue
15.65m NOK 70.11m NOK
+348.1%
Operating result
-1.29m NOK +4.76m NOK
+468.9%
Net result
-1.02m NOK +3.70m NOK
+462.9%
Equity
2.74m NOK 6.44m NOK
+134.7%
Cash
1.73m NOK 10.23m NOK
+490.5%
Total assets
5.97m NOK 32.39m NOK
+442.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.65m NOK to 70.11m NOK (+348.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.29m NOK → +4.76m NOK (op. margin -8.2% → 6.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.02m NOK to a profit of 3.70m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.74m NOK → 6.44m NOK (equity ratio 45.9% → 19.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.73m NOK → 10.23m NOK (+490.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.81m NOK → 2.85m NOK (12% → 4% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.26m NOK → 61.51m NOK (+331.4% YoY). Calculated