ADAMS COFFEE AS: årsregnskap 2021 vs 2020
Grew 284% on revenue
approved 2022-09-16; registry 2022-09-21; journal 2022 929886
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAMS COFFEE AS. Revenue 1.16m NOK → 4.45m NOK (+283.7%). Net result -146.0k NOK → -136.4k NOK. Equity -121.5k NOK → -258.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAMS COFFEE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.16m NOK to 4.45m NOK (+283.7% YoY). Calculated
-
↑
Operating result improved
Operating result -187.1k NOK → -158.1k NOK (op. margin -16.1% → -3.5%). Calculated
-
↑
Net result improved
Net result -146.0k NOK → -136.4k NOK (net margin -12.6% → -3.1%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -121.5k NOK → -258.0k NOK (equity ratio -14.8% → -29.8%). Calculated
-
↓
Cash fell
Bank deposits 673.1k NOK → 606.6k NOK (-9.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -29.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 298.2k NOK → 245.3k NOK (-17.7% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 4. Reported fact