FirmaIQ
Org.nr 976 145 178 2020 → 2021 Year-over-year analysis

ADDSECURE AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, stronger earnings

approved 2022-06-28; registry 2022-07-06; journal 2022 578520

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADDSECURE AS. Revenue 208.2k NOK → 226.4k NOK (+8.7%). Net result +72.74m NOK → +89.27m NOK. Equity 95.49m NOK → 175.99m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.

At a glance

Scorecard

Revenue
208.2k NOK 226.4k NOK
+8.7%
Operating result
+80.20m NOK +108.27m NOK
+35.0%
Net result
+72.74m NOK +89.27m NOK
+22.7%
Equity
95.49m NOK 175.99m NOK
+84.3%
Cash
160.3k NOK 95.81m NOK
+59682.9%
Total assets
363.9k NOK 390.8k NOK
+7.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 208.2k NOK to 226.4k NOK (+8.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +80.20m NOK → +108.27m NOK (op. margin 38520.0% → 47825.6%). Calculated

  • ↑

    Net result improved

    Net result +72.74m NOK → +89.27m NOK (net margin 34937.5% → 39432.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 95.49m NOK → 175.99m NOK (equity ratio 26238.5% → 45030.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 160.3k NOK → 95.81m NOK (+59682.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 49.56m NOK → 48.31m NOK (-2.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 139.65m NOK → 243.5k NOK. Reported fact