FirmaIQ
Org.nr 920 262 139 2020 → 2021 Year-over-year analysis

ADAMEK BYGG AS: årsregnskap 2021 vs 2020

Grew 76% on revenue, stronger earnings, cash halved-plus

approved 2022-05-20; registry 2022-05-24; journal 2022 332988

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADAMEK BYGG AS. Revenue 3.12m NOK → 5.50m NOK (+76.4%). Net result +86.5k NOK → +4.34m NOK. Equity 270.9k NOK → 615.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
3.12m NOK 5.50m NOK
+76.4%
Operating result
+152.4k NOK +487.4k NOK
+219.9%
Net result
+86.5k NOK +4.34m NOK
+4924.4%
Equity
270.9k NOK 615.1k NOK
+127.0%
Cash
758.3k NOK 369.7k NOK
-51.2%
Total assets
1.42m NOK 2.24m NOK
+57.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.12m NOK to 5.50m NOK (+76.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +152.4k NOK → +487.4k NOK (op. margin 4.9% → 8.9%). Calculated

  • ↑

    Net result improved

    Net result +86.5k NOK → +4.34m NOK (net margin 2.8% → 79.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 270.9k NOK → 615.1k NOK (equity ratio 19.1% → 27.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 758.3k NOK → 369.7k NOK (-51.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.06m NOK → 3.64m NOK (66% → 66% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 305.0k NOK → 376.1k NOK (+23.3% YoY). Calculated