ADEC ØKONOMI AS: årsregnskap 2021 vs 2020
Grew 16% on revenue, weaker earnings, cash halved-plus
approved 2021-12-31; registry 2022-08-25; journal 2022 897725
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADEC ØKONOMI AS. Revenue 2.67m NOK → 3.10m NOK (+16.1%). Net result +178.1k NOK → +53.8k NOK. Equity 12.28m NOK → 11.34m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADEC ØKONOMI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.67m NOK to 3.10m NOK (+16.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +353.8k NOK → +64.5k NOK (op. margin 13.3% → 2.1%). Calculated
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↓
Net result weakened
Net result +178.1k NOK → +53.8k NOK (net margin 6.7% → 1.7%). Calculated
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↓
Equity eroded
Book equity 12.28m NOK → 11.34m NOK (equity ratio 1663.5% → 25323.1%). Calculated
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↓
Cash fell
Bank deposits 614.5k NOK → 288.0k NOK (-53.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 211.9k NOK → 473.2k NOK (+123.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.7k NOK → 325.0k NOK. Reported fact