ADEK AS: årsregnskap 2021 vs 2020
Grew 15% on revenue, weaker earnings
approved 2022-06-30; registry 2022-08-01; journal 2022 841211
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADEK AS. Revenue 3.41m NOK → 3.93m NOK (+15.1%). Net result +491.7k NOK → +258.9k NOK. Equity 384.2k NOK → 643.2k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADEK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.41m NOK to 3.93m NOK (+15.1% YoY). Calculated
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↑
Equity strengthened
Book equity 384.2k NOK → 643.2k NOK (equity ratio 58.6% → 42.4%). Calculated
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↑
Cash rose
Bank deposits 460.3k NOK → 709.3k NOK (+54.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.85× → 3.85×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +502.1k NOK → +267.7k NOK (op. margin 14.7% → 6.8%). Calculated
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↓
Net result weakened
Net result +491.7k NOK → +258.9k NOK (net margin 14.4% → 6.6%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.17m NOK → 1.73m NOK (+48.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 2. Reported fact