ADDED VALUE IT AS: årsregnskap 2021 vs 2020
Grew 15% on revenue
approved 2022-05-15; registry 2022-06-02; journal 2022 318889
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADDED VALUE IT AS. Revenue 2.28m NOK → 2.63m NOK (+15.5%). Net result +517.0k NOK → +461.5k NOK. Equity 4.30m NOK → 4.76m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADDED VALUE IT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.28m NOK to 2.63m NOK (+15.5% YoY). Calculated
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↑
Equity strengthened
Book equity 4.30m NOK → 4.76m NOK (equity ratio 70.4% → 73.3%). Calculated
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↑
Cash rose
Bank deposits 5.17m NOK → 5.67m NOK (+9.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +645.1k NOK → +583.9k NOK (op. margin 28.3% → 22.2%). Calculated
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↓
Net result weakened
Net result +517.0k NOK → +461.5k NOK (net margin 22.7% → 17.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.43m NOK → 1.84m NOK (63% → 70% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 73.4k NOK → 4 NOK. Reported fact