ADMINCONS AS: årsregnskap 2021 vs 2020
Grew 23% on revenue, weaker earnings
approved 2022-06-13; registry 2022-06-20; journal 2022 455203
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMINCONS AS. Revenue 4.50m NOK → 5.56m NOK (+23.4%). Net result +433.5k NOK → +287.6k NOK. Equity 324.5k NOK → 362.6k 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 ADMINCONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.50m NOK to 5.56m NOK (+23.4% YoY). Calculated
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↑
Equity strengthened
Book equity 324.5k NOK → 362.6k NOK (equity ratio 42.2% → 17.9%). Calculated
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↑
Cash rose
Bank deposits 278.5k NOK → 328.1k NOK (+17.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +575.8k NOK → +381.2k NOK (op. margin 12.8% → 6.9%). Calculated
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↓
Net result weakened
Net result +433.5k NOK → +287.6k NOK (net margin 9.6% → 5.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.81m NOK → 2.40m NOK (40% → 43% of revenue). Calculated
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COGS moved
COGS / varekostnad 236.8k NOK → 1.67m NOK (+606.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 58.7k NOK → 19.0k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 3 → 2. Reported fact