ADMENTO AS: årsregnskap 2021 vs 2020
Grew 28% on revenue, weaker earnings
approved 2022-05-06; registry 2022-05-25; journal 2022 272114
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMENTO AS. Revenue 69.87m NOK → 89.73m NOK (+28.4%). Net result +11.58m NOK → +7.95m NOK. Equity 9.54m NOK → 19.56m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMENTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 69.87m NOK to 89.73m NOK (+28.4% YoY). Calculated
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↑
Equity strengthened
Book equity 9.54m NOK → 19.56m NOK (equity ratio 28.7% → 26.2%). Calculated
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↑
Cash rose
Bank deposits 1.88m NOK → 5.93m NOK (+214.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +9.20m NOK → +6.97m NOK (op. margin 13.2% → 7.8%). Calculated
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↓
Net result weakened
Net result +11.58m NOK → +7.95m NOK (net margin 16.6% → 8.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 43.57m NOK → 56.49m NOK (62% → 63% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.15m NOK → 6.30m NOK (+99.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 12.8k NOK → 15.8k NOK. Reported fact