FirmaIQ
Org.nr 980 817 970 2020 → 2021 Year-over-year analysis

ADDISCO AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-08; registry 2022-05-25; journal 2022 268462

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADDISCO AS. Revenue 20.53m NOK → 20.24m NOK (-1.4%). Net result +6.65m NOK → +378.2k NOK. Equity 12.45m NOK → 12.82m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDISCO AS.

At a glance

Scorecard

Revenue
20.53m NOK 20.24m NOK
-1.4%
Operating result
+786.5k NOK +482.4k NOK
-38.7%
Net result
+6.65m NOK +378.2k NOK
-94.3%
Equity
12.45m NOK 12.82m NOK
+3.0%
Cash
13.53m NOK 10.63m NOK
-21.4%
Total assets
14.84m NOK 14.19m NOK
-4.4%

What improved

  • ↑

    Equity strengthened

    Book equity 12.45m NOK → 12.82m NOK (equity ratio 83.9% → 90.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.53m NOK to 20.24m NOK (-1.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +786.5k NOK → +482.4k NOK (op. margin 3.8% → 2.4%). Calculated

  • ↓

    Net result weakened

    Net result +6.65m NOK → +378.2k NOK (net margin 32.4% → 1.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 13.53m NOK → 10.63m NOK (-21.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.48m NOK → 16.32m NOK (-1.0% YoY). Calculated