FirmaIQ
Org.nr 987 794 666 2020 → 2021 Year-over-year analysis

ADECCO GROUP NORWAY AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue

approved 2022-06-08; registry 2022-07-27; journal 2022 718236

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADECCO GROUP NORWAY AS. Revenue 312.55m NOK → 394.4k NOK (-99.9%). Net result +13.26m NOK → +15.15m NOK. Equity 671.5k NOK → 686.7k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
312.55m NOK 394.4k NOK
-99.9%
Operating result
+21.36m NOK +22.41m NOK
+4.9%
Net result
+13.26m NOK +15.15m NOK
+14.3%
Equity
671.5k NOK 686.7k NOK
+2.3%
Total assets
1.31bn NOK 1.27bn NOK
-3.1%

What improved

  • ↑

    Operating result improved

    Operating result +21.36m NOK → +22.41m NOK (op. margin 6.8% → 5681.1%). Calculated

  • ↑

    Net result improved

    Net result +13.26m NOK → +15.15m NOK (net margin 4.2% → 3842.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 671.5k NOK → 686.7k NOK (equity ratio 0.1% → 0.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 312.55m NOK to 394.4k NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 267.32× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7.25m NOK → 7.30m NOK (2% → 1850% of revenue). Calculated