ADELIN AS: årsregnskap 2021 vs 2020
Grew 16% on revenue, stronger earnings
approved 2022-03-02; registry 2022-03-07; journal 2022 133552
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADELIN AS. Revenue 6.88m NOK → 7.97m NOK (+15.7%). Net result +273.1k NOK → +438.5k NOK. Equity 1.74m NOK → 2.17m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADELIN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.88m NOK to 7.97m NOK (+15.7% YoY). Calculated
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Operating result improved
Operating result +285.4k NOK → +545.1k NOK (op. margin 4.1% → 6.8%). Calculated
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Net result improved
Net result +273.1k NOK → +438.5k NOK (net margin 4.0% → 5.5%). Calculated
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Equity strengthened
Book equity 1.74m NOK → 2.17m NOK (equity ratio 56.6% → 59.7%). Calculated
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Cash rose
Bank deposits 67.5k NOK → 1.62m NOK (+2305.4% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.07m NOK → 2.40m NOK (30% → 30% of revenue). Calculated
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COGS moved
COGS / varekostnad 3.62m NOK → 4.02m NOK (+11.1% YoY). Calculated