FirmaIQ
Org.nr 922 689 148 2020 → 2021 Year-over-year analysis

ADEA IT AS: årsregnskap 2021 vs 2020

Grew 687% on revenue, stronger earnings

approved 2021-12-31; registry 2022-07-12; journal 2022 691440

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADEA IT AS. Revenue 182.2k NOK → 1.43m NOK (+686.8%). Net result +189.3k NOK → +481.1k NOK. Equity 10.22m NOK → 290.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
182.2k NOK 1.43m NOK
+686.8%
Operating result
+243.0k NOK +617.1k NOK
+153.9%
Net result
+189.3k NOK +481.1k NOK
+154.2%
Equity
10.22m NOK 290.1k NOK
-97.2%
Cash
205.5k NOK 293.0k NOK
+42.6%
Total assets
387.8k NOK 514.8k NOK
+32.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 182.2k NOK to 1.43m NOK (+686.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +243.0k NOK → +617.1k NOK (op. margin 133.4% → 43.0%). Calculated

  • ↑

    Net result improved

    Net result +189.3k NOK → +481.1k NOK (net margin 103.9% → 33.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 205.5k NOK → 293.0k NOK (+42.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.22m NOK → 290.1k NOK (equity ratio 2636.7% → 56.4%). Calculated