ADEKVAT VVS AS: årsregnskap 2021 vs 2020
Shrank 5% on revenue
approved 2022-06-30; registry 2022-07-12; journal 2022 692212
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADEKVAT VVS AS. Revenue 5.92m NOK → 5.62m NOK (-5.0%). Net result +693.4k NOK → +784.0k NOK. Equity 10 NOK → 1.93m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADEKVAT VVS AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +693.4k NOK → +784.0k NOK (net margin 11.7% → 13.9%). Calculated
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↑
Equity strengthened
Book equity 10 NOK → 1.93m NOK (equity ratio 0.0% → 72.6%). Calculated
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↑
Cash rose
Bank deposits 863.4k NOK → 896.5k NOK (+3.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.92m NOK to 5.62m NOK (-5.0% YoY). Calculated
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↓
Operating result weakened
Operating result +898.0k NOK → +772.8k NOK (op. margin 15.2% → 13.7%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.47m NOK → 1.43m NOK (-2.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 44.7k NOK → 53.4k NOK. Reported fact