ADAPTIVE MEDIA AS: årsregnskap 2021 vs 2020
Grew 180% on revenue, weaker earnings
approved 2022-06-30; registry 2022-07-04; journal 2022 610040
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPTIVE MEDIA AS. Revenue 2.24m NOK → 6.27m NOK (+179.7%). Net result +2.18m NOK → +1.63m NOK. Equity 945.6k NOK → 1.87m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAPTIVE MEDIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.24m NOK to 6.27m NOK (+179.7% YoY). Calculated
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Operating result improved
Operating result +236.3k NOK → +928.9k NOK (op. margin 10.5% → 14.8%). Calculated
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Equity strengthened
Book equity 945.6k NOK → 1.87m NOK (equity ratio 56.9% → 78.0%). Calculated
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Cash rose
Bank deposits 82.9k NOK → 423.6k NOK (+411.0% YoY). Calculated
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Payroll decreased
Salary cost 4.64m NOK → 1.20m NOK (207% → 19% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +2.18m NOK → +1.63m NOK (net margin 97.3% → 26.0%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 580.5k NOK → 839.3k NOK (+44.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 20.0k NOK → 1.01m NOK. Reported fact