ADCO EIENDOMMER AS: årsregnskap 2021 vs 2020
Grew 173% on revenue, stronger earnings
approved 2022-04-07; registry 2022-05-18; journal 2022 235935
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADCO EIENDOMMER AS. Revenue 2.70m NOK → 7.36m NOK (+172.7%). Net result +191.0k NOK → +967.0k NOK. Equity 5.28m NOK → 7.10m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADCO EIENDOMMER AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.70m NOK to 7.36m NOK (+172.7% YoY). Calculated
-
↑
Operating result improved
Operating result +733.7k NOK → +737.0k NOK (op. margin 27.2% → 10.0%). Calculated
-
↑
Net result improved
Net result +191.0k NOK → +967.0k NOK (net margin 7.1% → 13.1%). Calculated
-
↑
Equity strengthened
Book equity 5.28m NOK → 7.10m NOK (equity ratio 22.2% → 41.2%). Calculated
-
↑
Cash rose
Bank deposits 711.4k NOK → 803.6k NOK (+13.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 111.7k NOK → 194.5k NOK (4% → 3% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 130.8k NOK → 245.0k NOK (+87.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 480.0k NOK → 1.73m NOK. Reported fact