FirmaIQ
Org.nr 917 461 767 2020 → 2021 Year-over-year analysis

ADJE RENHOLD AS: årsregnskap 2021 vs 2020

Grew 4365% on revenue, stronger earnings

approved 2022-03-06; registry 2022-05-19; journal 2022 307587

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADJE RENHOLD AS. Revenue 35.3k NOK → 1.58m NOK (+4364.9%). Net result +42.6k NOK → +127.8k NOK. Equity 10.15m NOK → 281.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

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

At a glance

Scorecard

Revenue
35.3k NOK 1.58m NOK
+4364.9%
Operating result
+55.0k NOK +163.2k NOK
+196.7%
Net result
+42.6k NOK +127.8k NOK
+200.2%
Equity
10.15m NOK 281.1k NOK
-97.2%
Cash
320.4k NOK 480.3k NOK
+49.9%
Total assets
409.2k NOK 661.2k NOK
+61.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.3k NOK to 1.58m NOK (+4364.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +55.0k NOK → +163.2k NOK (op. margin 155.9% → 10.4%). Calculated

  • ↑

    Net result improved

    Net result +42.6k NOK → +127.8k NOK (net margin 120.7% → 8.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 320.4k NOK → 480.3k NOK (+49.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.15m NOK → 281.1k NOK (equity ratio 2481.0% → 42.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 17.3k NOK → 6 679 NOK (-61.3% YoY). Calculated