FirmaIQ
Org.nr 991 347 275 2020 → 2021 Year-over-year analysis

ADAPTIVE AS: årsregnskap 2021 vs 2020

Grew 10% on revenue

approved 2022-05-25; registry 2022-06-11; journal 2022 391147

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADAPTIVE AS. Revenue 18.37m NOK → 20.24m NOK (+10.2%). Net result +5.99m NOK → +6.65m NOK. Equity 9.45m NOK → 10.09m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADAPTIVE AS.

At a glance

Scorecard

Revenue
18.37m NOK 20.24m NOK
+10.2%
Operating result
+7.45m NOK +8.51m NOK
+14.3%
Net result
+5.99m NOK +6.65m NOK
+11.0%
Equity
9.45m NOK 10.09m NOK
+6.8%
Cash
9.57m NOK 10.91m NOK
+14.0%
Total assets
12.25m NOK 14.21m NOK
+16.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.37m NOK to 20.24m NOK (+10.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.45m NOK → +8.51m NOK (op. margin 40.5% → 42.1%). Calculated

  • ↑

    Net result improved

    Net result +5.99m NOK → +6.65m NOK (net margin 32.6% → 32.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.45m NOK → 10.09m NOK (equity ratio 77.1% → 71.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.57m NOK → 10.91m NOK (+14.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.13m NOK → 5.68m NOK (28% → 28% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.52m NOK → 3.37m NOK (-4.3% YoY). Calculated