Org.nr 916 667 043 2020 → 2021 Year-over-year analysis

ADAMS ISOLERING AS: årsregnskap 2021 vs 2020

Grew 7% on revenue, returned to profit, fresh owner capital

approved 2022-06-30; registry 2022-08-27; journal 2022 901550

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADAMS ISOLERING AS. Revenue 14.86m NOK → 15.84m NOK (+6.6%). Net result -539.1k NOK → +454.8k NOK. Equity 11 NOK → 10.80m NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAMS ISOLERING AS.

Scorecard

Revenue
14.86m NOK 15.84m NOK
+6.6%
Operating result
-481.9k NOK +543.1k NOK
+212.7%
Net result
-539.1k NOK +454.8k NOK
+184.4%
Equity
11 NOK 10.80m NOK
+98149927.3%
Cash
899.7k NOK 802.6k NOK
-10.8%
Total assets
4.78m NOK 5.08m NOK
+6.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.86m NOK to 15.84m NOK (+6.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -481.9k NOK → +543.1k NOK (op. margin -3.2% → 3.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 539.1k NOK to a profit of 454.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 11 NOK → 10.80m NOK (equity ratio 0.0% → 212.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 330.0k NOK (+300.0k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 899.7k NOK → 802.6k NOK (-10.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.48m NOK → 3.49m NOK (-22.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 16.4 → 19.44. Reported fact