ADDXO AS: årsregnskap 2021 vs 2020
Grew 280130% on revenue, stronger earnings
approved 2022-05-03; registry 2022-05-24; journal 2022 263673
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADDXO AS. Revenue 7 965 NOK → 22.32m NOK (+280130.3%). Net result +424.3k NOK → +539.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADDXO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 7 965 NOK to 22.32m NOK (+280130.3% YoY). Calculated
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↑
Operating result improved
Operating result +544.9k NOK → +703.9k NOK (op. margin 6841.1% → 3.2%). Calculated
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Net result improved
Net result +424.3k NOK → +539.5k NOK (net margin 5327.3% → 2.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 6 177 NOK → 17.08m NOK (78% → 77% of revenue). Calculated
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COGS fell
COGS / varekostnad 145.6k NOK → 139.0k NOK (-4.6% YoY). Calculated