FirmaIQ
Org.nr 930 481 599 2020 → 2021 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-04-01; registry 2022-05-24; journal 2022 266584

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADDBRAND NORWAY AS. Revenue 37.50m NOK → 36.72m NOK (-2.1%). Net result -764.7k NOK → +404.5k NOK. Equity 4.88m NOK → 5.28m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.

At a glance

Scorecard

Revenue
37.50m NOK 36.72m NOK
-2.1%
Operating result
-918.1k NOK +598.3k NOK
+165.2%
Net result
-764.7k NOK +404.5k NOK
+152.9%
Equity
4.88m NOK 5.28m NOK
+8.3%
Cash
931.9k NOK 3.74m NOK
+301.1%
Total assets
17.17m NOK 14.35m NOK
-16.4%

What improved

  • ↑

    Operating result improved

    Operating result -918.1k NOK → +598.3k NOK (op. margin -2.4% → 1.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 764.7k NOK to a profit of 404.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.88m NOK → 5.28m NOK (equity ratio 28.4% → 36.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 931.9k NOK → 3.74m NOK (+301.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.50m NOK to 36.72m NOK (-2.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 25.43m NOK → 24.53m NOK (-3.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 16.5 → 11. Reported fact