AD UND AS: årsregnskap 2021 vs 2020
Shrank 47% on revenue, stronger earnings
approved 2023-05-31; registry 2023-06-03; journal 2023 459752
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD UND AS. Revenue 1.04m NOK → 553.0k NOK (-47.0%). Net result +687.4k NOK → +2.82m NOK. Equity 14 NOK → 8.29m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AD UND AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +687.4k NOK → +2.82m NOK (net margin 65.9% → 509.4%). Calculated
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↑
Equity strengthened
Book equity 14 NOK → 8.29m NOK (equity ratio 0.0% → 90.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.04m NOK to 553.0k NOK (-47.0% YoY). Calculated
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↓
Operating result weakened
Operating result +185.7k NOK → -37.0k NOK (op. margin 17.8% → -6.7%). Calculated
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↓
Cash fell
Bank deposits 358.3k NOK → 267.4k NOK (-25.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 4 NOK → 3.53m NOK (0% → 639% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 28.0k NOK → 15.0k NOK. Reported fact