FirmaIQ
Org.nr 990 297 258 2020 → 2021 Year-over-year analysis

ADIMA ENERGY AS: årsregnskap 2021 vs 2020

Shrank 22% on revenue, weaker earnings

approved 2022-05-25; registry 2022-06-11; journal 2022 388635

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADIMA ENERGY AS. Revenue 66.02m NOK → 51.69m NOK (-21.7%). Net result +1.64m NOK → +791.5k NOK. Equity 4.46m NOK → 2.65m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADIMA ENERGY AS.

At a glance

Scorecard

Revenue
66.02m NOK 51.69m NOK
-21.7%
Operating result
+2.08m NOK +1.03m NOK
-50.7%
Net result
+1.64m NOK +791.5k NOK
-51.8%
Equity
4.46m NOK 2.65m NOK
-40.6%
Cash
3.00m NOK 5.44m NOK
+81.5%
Total assets
32.46m NOK 16.38m NOK
-49.5%

What improved

  • ↑

    Cash rose

    Bank deposits 3.00m NOK → 5.44m NOK (+81.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 57.29m NOK → 46.24m NOK (87% → 89% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 66.02m NOK to 51.69m NOK (-21.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.08m NOK → +1.03m NOK (op. margin 3.2% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.64m NOK → +791.5k NOK (net margin 2.5% → 1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 4.46m NOK → 2.65m NOK (equity ratio 13.7% → 16.2%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 71 → 57. Reported fact