Org.nr 998 317 126 2020 → 2021 Year-over-year analysis

ADICO SERVICE AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue

approved 2022-02-28; registry 2022-03-03; journal 2022 131737

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADICO SERVICE AS. Revenue 128.8k NOK → 105.0k NOK (-18.5%). Net result -8 121 NOK → -7 166 NOK. Equity 87.8k NOK → 80.7k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADICO SERVICE AS.

Scorecard

Revenue
128.8k NOK 105.0k NOK
-18.5%
Operating result
-5 017 NOK -8 956 NOK
-78.5%
Net result
-8 121 NOK -7 166 NOK
+11.8%
Equity
87.8k NOK 80.7k NOK
-8.2%
Cash
89.9k NOK 68.6k NOK
-23.7%
Total assets
104.0k NOK 96.6k NOK
-7.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 128.8k NOK to 105.0k NOK (-18.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -5 017 NOK → -8 956 NOK (op. margin -3.9% → -8.5%). Calculated

  • ↓

    Equity eroded

    Book equity 87.8k NOK → 80.7k NOK (equity ratio 84.5% → 83.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 89.9k NOK → 68.6k NOK (-23.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5 290 NOK → 0 NOK (-100.0% YoY). Calculated