Org.nr 923 399 011 2020 → 2021 Year-over-year analysis

ADIUVARET AS: årsregnskap 2021 vs 2020

Grew 110% on revenue, returned to profit

approved 2022-04-05; registry 2022-04-09; journal 2022 194884

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADIUVARET AS. Revenue 1.05m NOK → 2.20m NOK (+109.6%). Net result -72.2k NOK → +689.1k NOK. Equity -27.7k NOK → 661.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADIUVARET AS.

Scorecard

Revenue
1.05m NOK 2.20m NOK
+109.6%
Operating result
-62.4k NOK +862.9k NOK
+1483.2%
Net result
-72.2k NOK +689.1k NOK
+1054.7%
Equity
-27.7k NOK 661.3k NOK
+2483.7%
Cash
402.7k NOK 857.9k NOK
+113.1%
Total assets
622.0k NOK 434.2k NOK
-30.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.05m NOK to 2.20m NOK (+109.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -62.4k NOK → +862.9k NOK (op. margin -5.9% → 39.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 72.2k NOK to a profit of 689.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -27.7k NOK → 661.3k NOK (equity ratio -4.5% → 152.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 402.7k NOK → 857.9k NOK (+113.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 866 NOK → 1.00m NOK (0% → 46% of revenue). Calculated