ADAPTEO AS: årsregnskap 2021 vs 2020
Grew 20% on revenue, fresh owner capital
approved 2022-06-28; registry 2022-07-14; journal 2022 644444
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPTEO AS. Revenue 74.23m NOK → 88.95m NOK (+19.8%). Net result 0 NOK → 0 NOK. Equity 51.12m NOK → 43.67m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAPTEO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 74.23m NOK to 88.95m NOK (+19.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 60.03m NOK → 78.66m NOK (+18.63m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +2.89m NOK → -21.57m NOK (op. margin 3.9% → -24.2%). Calculated
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↓
Equity eroded
Book equity 51.12m NOK → 43.67m NOK (equity ratio 18.6% → 8.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 30.32m NOK → 106.66m NOK (+251.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 134.1k NOK → 25.02m NOK. Reported fact