FirmaIQ
Org.nr 997 886 755 2020 → 2021 Year-over-year analysis

ADMASO HOLDING AS: årsregnskap 2021 vs 2020

Shrank 12% on revenue, weaker earnings, cash halved-plus

approved 2022-04-30; registry 2022-05-24; journal 2022 334944

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADMASO HOLDING AS. Revenue 552.0k NOK → 488.0k NOK (-11.6%). Net result +578.0k NOK → +76.3k NOK. Equity 3.34m NOK → 2.95m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
552.0k NOK 488.0k NOK
-11.6%
Operating result
+706.9k NOK +98.2k NOK
-86.1%
Net result
+578.0k NOK +76.3k NOK
-86.8%
Equity
3.34m NOK 2.95m NOK
-11.8%
Cash
726.7k NOK 54.6k NOK
-92.5%
Total assets
3.93m NOK 3.49m NOK
-11.3%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.25× → 1.43×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 552.0k NOK to 488.0k NOK (-11.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +706.9k NOK → +98.2k NOK (op. margin 128.1% → 20.1%). Calculated

  • ↓

    Net result weakened

    Net result +578.0k NOK → +76.3k NOK (net margin 104.7% → 15.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.34m NOK → 2.95m NOK (equity ratio 85.0% → 84.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 726.7k NOK → 54.6k NOK (-92.5% YoY). Calculated