FirmaIQ
Org.nr 995 205 262 2020 → 2021 Year-over-year analysis

ADIMA ENGINEERING AS: årsregnskap 2021 vs 2020

Shrank 7% on revenue

approved 2022-05-25; registry 2022-06-01; journal 2022 388679

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADIMA ENGINEERING AS. Revenue 2.41m NOK → 2.24m NOK (-7.2%). Net result +109.0k NOK → +112.9k NOK. Equity 1.14m NOK → 812.4k NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADIMA ENGINEERING AS.

At a glance

Scorecard

Revenue
2.41m NOK 2.24m NOK
-7.2%
Operating result
+135.2k NOK +143.8k NOK
+6.3%
Net result
+109.0k NOK +112.9k NOK
+3.6%
Equity
1.14m NOK 812.4k NOK
-28.7%
Cash
1.21m NOK 1.33m NOK
+9.6%
Total assets
1.61m NOK 1.83m NOK
+14.2%

What improved

  • ↑

    Operating result improved

    Operating result +135.2k NOK → +143.8k NOK (op. margin 5.6% → 6.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.21m NOK → 1.33m NOK (+9.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.03m NOK → 1.87m NOK (84% → 83% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.41m NOK to 2.24m NOK (-7.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.14m NOK → 812.4k NOK (equity ratio 70.9% → 44.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 889.6k NOK → 812.4k NOK — check capital reduction, conversion, or reclassification. Interpretation