FirmaIQ
Org.nr 959 934 924 2020 → 2021 Year-over-year analysis

ADECCO SOLUTIONS AS: årsregnskap 2021 vs 2020

Shrank 14% on revenue, slipped into loss

approved 2022-06-08; registry 2022-07-27; journal 2022 718132

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADECCO SOLUTIONS AS. Revenue 757.74m NOK → 649.89m NOK (-14.2%). Net result +1.06m NOK → -7.28m NOK. Equity 62.34m NOK → 55.06m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADECCO SOLUTIONS AS.

At a glance

Scorecard

Revenue
757.74m NOK 649.89m NOK
-14.2%
Operating result
+492.0k NOK -7 445 NOK
-101.5%
Net result
+1.06m NOK -7.28m NOK
-785.8%
Equity
62.34m NOK 55.06m NOK
-11.7%
Cash
167.2k NOK 122.08m NOK
+72925.4%
Total assets
277.98m NOK 210.63m NOK
-24.2%

What improved

  • ↑

    Cash rose

    Bank deposits 167.2k NOK → 122.08m NOK (+72925.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.61m NOK → 5.52m NOK (1% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 757.74m NOK to 649.89m NOK (-14.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +492.0k NOK → -7 445 NOK (op. margin 0.1% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.06m NOK profit to a loss of 7.28m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 62.34m NOK → 55.06m NOK (equity ratio 22.4% → 26.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 62.34m NOK → 55.06m NOK — check capital reduction, conversion, or reclassification. Interpretation