AD UTVIKLING AS: årsregnskap 2021 vs 2020
Grew 93282% on revenue, returned to profit
approved 2022-05-31; registry 2022-06-18; journal 2022 457063
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD UTVIKLING AS. Revenue 25.2k NOK → 23.58m NOK (+93281.6%). Net result -594.0k NOK → +712.7k NOK. Equity -848.0k NOK → 864.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AD UTVIKLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.2k NOK to 23.58m NOK (+93281.6% YoY). Calculated
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↑
Operating result improved
Operating result +609.5k NOK → +853.0k NOK (op. margin 2414.0% → 3.6%). Calculated
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Turned profitable
Net result flipped from a loss of 594.0k NOK to a profit of 712.7k NOK. Calculated
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Equity strengthened
Book equity -848.0k NOK → 864.7k NOK (equity ratio -3.2% → 4.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 659.1k NOK → 371.6k NOK (-43.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 24.4k NOK → 17.46m NOK (+71546.7% YoY). Calculated