Org.nr 968 272 551 2020 → 2021 Year-over-year analysis

ADDA BYGGKJEMI AS: årsregnskap 2021 vs 2020

Shrank 8% on revenue, weaker earnings

approved 2022-04-26; registry 2022-06-08; journal 2022 348664

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADDA BYGGKJEMI AS. Revenue 75.42m NOK → 69.47m NOK (-7.9%). Net result -1.21m NOK → -2.40m NOK. Equity 8.52m NOK → 8.42m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADDA BYGGKJEMI AS.

Scorecard

Revenue
75.42m NOK 69.47m NOK
-7.9%
Operating result
-1.54m NOK -2.96m NOK
-92.3%
Net result
-1.21m NOK -2.40m NOK
-99.0%
Equity
8.52m NOK 8.42m NOK
-1.2%
Cash
377.9k NOK 328.4k NOK
-13.1%
Total assets
19.13m NOK 25.62m NOK
+33.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 75.42m NOK to 69.47m NOK (-7.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.54m NOK → -2.96m NOK (op. margin -2.0% → -4.3%). Calculated

  • ↓

    Net result weakened

    Net result -1.21m NOK → -2.40m NOK (net margin -1.6% → -3.5%). Calculated

  • ↓

    Equity eroded

    Book equity 8.52m NOK → 8.42m NOK (equity ratio 44.6% → 32.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 377.9k NOK → 328.4k NOK (-13.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 8.52m NOK → 8.42m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 62.01m NOK → 55.94m NOK (-9.8% YoY). Calculated