Org.nr 987 992 883 2020 → 2021 Year-over-year analysis

ADMINCONTROL AS: årsregnskap 2021 vs 2020

Grew 25% on revenue, stronger earnings

approved 2022-05-10; registry 2022-06-21; journal 2022 469150

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADMINCONTROL AS. Revenue 242.64m NOK → 303.38m NOK (+25.0%). Net result +58.67m NOK → +82.27m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADMINCONTROL AS.

Scorecard

Revenue
242.64m NOK 303.38m NOK
+25.0%
Operating result
+69.78m NOK +108.09m NOK
+54.9%
Net result
+58.67m NOK +82.27m NOK
+40.2%
Cash
185.38m NOK 235.71m NOK
+27.1%
Total assets
228.60m NOK 276.27m NOK
+20.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 242.64m NOK to 303.38m NOK (+25.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +69.78m NOK → +108.09m NOK (op. margin 28.8% → 35.6%). Calculated

  • ↑

    Net result improved

    Net result +58.67m NOK → +82.27m NOK (net margin 24.2% → 27.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 185.38m NOK → 235.71m NOK (+27.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 51.83m NOK → 55.77m NOK (+7.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.33m NOK → 1.32m NOK. Reported fact