FirmaIQ
Org.nr 922 437 688 2020 → 2021 Year-over-year analysis

ADAMS BUTIKK AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-05-13; registry 2022-07-19; journal 2022 669057

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADAMS BUTIKK AS. Revenue 32.90m NOK → 32.57m NOK (-1.0%). Net result +925.1k NOK → +524.7k NOK. Equity 1.24m NOK → 1.24m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAMS BUTIKK AS.

At a glance

Scorecard

Revenue
32.90m NOK 32.57m NOK
-1.0%
Operating result
+233.8k NOK +700.2k NOK
+199.5%
Net result
+925.1k NOK +524.7k NOK
-43.3%
Equity
1.24m NOK 1.24m NOK
+0.0%
Cash
1.33m NOK 648.5k NOK
-51.4%
Total assets
4.65m NOK 4.08m NOK
-12.3%

What improved

  • ↑

    Operating result improved

    Operating result +233.8k NOK → +700.2k NOK (op. margin 0.7% → 2.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 32.90m NOK to 32.57m NOK (-1.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +925.1k NOK → +524.7k NOK (net margin 2.8% → 1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.33m NOK → 648.5k NOK (-51.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.82m NOK → 2.86m NOK (9% → 9% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.78m NOK → 24.66m NOK (-0.5% YoY). Calculated