ADITE AS: årsregnskap 2021 vs 2020
Grew 46% on revenue, stronger earnings, cash halved-plus
registry 2022-03-10; journal 2022 139199
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADITE AS. Revenue 6.57m NOK → 9.59m NOK (+45.9%). Net result +81.0k NOK → +133.6k NOK. Equity 41.3k NOK → 2.29m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADITE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.57m NOK to 9.59m NOK (+45.9% YoY). Calculated
-
↑
Operating result improved
Operating result +132.8k NOK → +146.3k NOK (op. margin 2.0% → 1.5%). Calculated
-
↑
Net result improved
Net result +81.0k NOK → +133.6k NOK (net margin 1.2% → 1.4%). Calculated
-
↑
Equity strengthened
Book equity 41.3k NOK → 2.29m NOK (equity ratio 1.9% → 50.5%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 214.2k NOK (+114.2k NOK). Reported fact
What deteriorated
-
↓
Cash fell
Bank deposits 998.6k NOK → 313.3k NOK (-68.6% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 5.34m NOK → 7.87m NOK (81% → 82% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 77.4k NOK → 206.9k NOK (+167.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 0 NOK → 4 293 NOK. Reported fact