ADAPTI AS: årsregnskap 2021 vs 2020
Grew 70% on revenue, stronger earnings
approved 2022-05-27; registry 2022-07-16; journal 2022 655946
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPTI AS. Revenue 20.24m NOK → 34.31m NOK (+69.5%). Net result +116.3k NOK → +5.00m NOK. Equity 4.53m NOK → 5.53m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAPTI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.24m NOK to 34.31m NOK (+69.5% YoY). Calculated
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↑
Net result improved
Net result +116.3k NOK → +5.00m NOK (net margin 0.6% → 14.6%). Calculated
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↑
Equity strengthened
Book equity 4.53m NOK → 5.53m NOK (equity ratio 91.5% → 32.3%). Calculated
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↑
Cash rose
Bank deposits 316.7k NOK → 808.4k NOK (+155.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +380.8k NOK → +334.9k NOK (op. margin 1.9% → 1.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 5.43m NOK → 5.55m NOK (27% → 16% of revenue). Calculated
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COGS moved
COGS / varekostnad 13.11m NOK → 18.24m NOK (+39.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 290.4k NOK → 310.4k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 5 → 4. Reported fact