ADG MALING TAPET OG GULV AS: årsregnskap 2021 vs 2020
Grew 18% on revenue, stronger earnings
approved 2022-04-13; registry 2022-04-20; journal 2022 210105
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADG MALING TAPET OG GULV AS. Revenue 5.02m NOK → 5.90m NOK (+17.6%). Net result +363.5k NOK → +599.1k NOK. Equity 123.9k NOK → 180.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADG MALING TAPET OG GULV AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 5.02m NOK to 5.90m NOK (+17.6% YoY). Calculated
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Operating result improved
Operating result +482.5k NOK → +788.7k NOK (op. margin 9.6% → 13.4%). Calculated
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Net result improved
Net result +363.5k NOK → +599.1k NOK (net margin 7.2% → 10.1%). Calculated
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Equity strengthened
Book equity 123.9k NOK → 180.0k NOK (equity ratio 7.2% → 6.9%). Calculated
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Cash rose
Bank deposits 369.1k NOK → 661.2k NOK (+79.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 1.75m NOK → 1.90m NOK (+9.0% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 4. Reported fact