ADAPTOR AS: årsregnskap 2021 vs 2020
Grew 14% on revenue, stronger earnings
approved 2022-04-01; registry 2022-05-12; journal 2022 221728
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPTOR AS. Revenue 22.78m NOK → 26.02m NOK (+14.2%). Net result +610.4k NOK → +1.08m NOK. Equity 6.08m NOK → 7.17m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTOR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 22.78m NOK to 26.02m NOK (+14.2% YoY). Calculated
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Operating result improved
Operating result +589.7k NOK → +1.07m NOK (op. margin 2.6% → 4.1%). Calculated
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Net result improved
Net result +610.4k NOK → +1.08m NOK (net margin 2.7% → 4.2%). Calculated
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Equity strengthened
Book equity 6.08m NOK → 7.17m NOK (equity ratio 56.2% → 62.1%). Calculated
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Cash rose
Bank deposits 5.14m NOK → 5.72m NOK (+11.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 16.01m NOK → 18.43m NOK (70% → 71% of revenue). Calculated
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COGS fell
COGS / varekostnad 418.8k NOK → 282.9k NOK (-32.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 3 000 NOK → 63.0k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 23.6 → 27. Reported fact