FirmaIQ
Org.nr 921 403 356 2020 → 2021 Year-over-year analysis

ADAM OG EVA GLASMAGASINET AS: årsregnskap 2021 vs 2020

Grew 11% on revenue, stronger earnings

approved 2022-05-12; registry 2022-06-11; journal 2022 376470

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADAM OG EVA GLASMAGASINET AS. Revenue 6.16m NOK → 6.82m NOK (+10.6%). Net result +20.7k NOK → +169.3k NOK. Equity 2.21m NOK → 2.08m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM OG EVA GLASMAGASINET AS.

At a glance

Scorecard

Revenue
6.16m NOK 6.82m NOK
+10.6%
Operating result
+29.4k NOK +216.8k NOK
+638.3%
Net result
+20.7k NOK +169.3k NOK
+716.5%
Equity
2.21m NOK 2.08m NOK
-5.9%
Cash
1.68m NOK 2.14m NOK
+27.4%
Total assets
3.40m NOK 3.37m NOK
-1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.16m NOK to 6.82m NOK (+10.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +29.4k NOK → +216.8k NOK (op. margin 0.5% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +20.7k NOK → +169.3k NOK (net margin 0.3% → 2.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.68m NOK → 2.14m NOK (+27.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.21m NOK → 2.30m NOK (+88.9k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.21m NOK → 2.08m NOK (equity ratio 65.0% → 61.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.17m NOK → 3.47m NOK (51% → 51% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 750.2k NOK → 757.8k NOK (+1.0% YoY). Calculated