ADECCO NORGE AS: årsregnskap 2021 vs 2020
Grew 14% on revenue, stronger earnings
approved 2022-06-08; registry 2022-07-27; journal 2022 718162
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADECCO NORGE AS. Revenue 1.87bn NOK → 2.13bn NOK (+13.8%). Net result -43.70m NOK → -8.81m NOK. Equity 158.84m NOK → 150.02m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for ADECCO NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.87bn NOK to 2.13bn NOK (+13.8% YoY). Calculated
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Net result improved
Net result -43.70m NOK → -8.81m NOK (net margin -2.3% → -0.4%). Calculated
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Cash rose
Bank deposits 211.5k NOK → 203.15m NOK (+95945.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -9.57m NOK → -13.28m NOK (op. margin -0.5% → -0.6%). Calculated
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↓
Equity eroded
Book equity 158.84m NOK → 150.02m NOK (equity ratio 23.1% → 23.4%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 158.84m NOK → 150.02m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 1.39bn NOK → 1.63bn NOK (74% → 77% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 97.92m NOK → 85.35m NOK. Reported fact