Org.nr 995 221 608 2020 → 2021 Year-over-year analysis

ADATO AS: årsregnskap 2021 vs 2020

Grew 25% on revenue, weaker earnings, cash halved-plus

approved 2022-01-12; registry 2022-04-28; journal 2022 233056

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADATO AS. Revenue 4.12m NOK → 5.14m NOK (+24.6%). Net result +1333.84bn NOK → +10 NOK. Equity 10.11m NOK → 10.11m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADATO AS.

Scorecard

Revenue
4.12m NOK 5.14m NOK
+24.6%
Operating result
+956.5k NOK +708.3k NOK
-26.0%
Net result
+1333.84bn NOK +10 NOK
-100.0%
Equity
10.11m NOK 10.11m NOK
+0.0%
Cash
253.3k NOK 95.8k NOK
-62.2%
Total assets
1.72m NOK 2.49m NOK
+44.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.12m NOK to 5.14m NOK (+24.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +956.5k NOK → +708.3k NOK (op. margin 23.2% → 13.8%). Calculated

  • ↓

    Net result weakened

    Net result +1333.84bn NOK → +10 NOK (net margin 32348623.8% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 253.3k NOK → 95.8k NOK (-62.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 161.3k NOK → 662.1k NOK (+310.6% YoY). Calculated