Org.nr 979 497 997 2020 → 2021 Year-over-year analysis

ADD ARKITEKTER AS: årsregnskap 2021 vs 2020

Grew 10% on revenue, stronger earnings

approved 2022-06-29; registry 2022-07-06; journal 2022 576676

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADD ARKITEKTER AS. Revenue 52.48m NOK → 57.67m NOK (+9.9%). Net result +2.39m NOK → +4.12m NOK. Equity 6.30m NOK → 7.12m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADD ARKITEKTER AS.

Scorecard

Revenue
52.48m NOK 57.67m NOK
+9.9%
Operating result
+3.03m NOK +5.21m NOK
+72.2%
Net result
+2.39m NOK +4.12m NOK
+72.0%
Equity
6.30m NOK 7.12m NOK
+13.0%
Cash
11.90m NOK 14.39m NOK
+21.0%
Total assets
19.61m NOK 24.57m NOK
+25.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 52.48m NOK to 57.67m NOK (+9.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.03m NOK → +5.21m NOK (op. margin 5.8% → 9.0%). Calculated

  • ↑

    Net result improved

    Net result +2.39m NOK → +4.12m NOK (net margin 4.6% → 7.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.30m NOK → 7.12m NOK (equity ratio 32.1% → 29.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.90m NOK → 14.39m NOK (+21.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 38.47m NOK → 39.15m NOK (73% → 68% of revenue). Calculated