Org.nr 924 690 496 2020 → 2021 Year-over-year analysis

ADMINKIT AS: årsregnskap 2021 vs 2020

Shrank 92% on revenue, weaker earnings, fresh owner capital

approved 2022-05-05; registry 2022-06-13; journal 2022 442202

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADMINKIT AS. Revenue 803.0k NOK → 68.0k NOK (-91.5%). Net result -757.2k NOK → -3.68m NOK. Equity 7.01m NOK → 18.33m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADMINKIT AS.

Scorecard

Revenue
803.0k NOK 68.0k NOK
-91.5%
Operating result
-752.8k NOK -3.69m NOK
-389.8%
Net result
-757.2k NOK -3.68m NOK
-385.9%
Equity
7.01m NOK 18.33m NOK
+161.4%
Cash
5 538 NOK 14.28m NOK
+257750.6%
Total assets
7.72m NOK 19.99m NOK
+159.1%

What improved

  • ↑

    Equity strengthened

    Book equity 7.01m NOK → 18.33m NOK (equity ratio 90.9% → 91.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 538 NOK → 14.28m NOK (+257750.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 7 770 NOK → 22.77m NOK (+22.76m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 803.0k NOK to 68.0k NOK (-91.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -752.8k NOK → -3.69m NOK (op. margin -93.8% → -5420.0%). Calculated

  • ↓

    Net result weakened

    Net result -757.2k NOK → -3.68m NOK (net margin -94.3% → -5408.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 099 NOK → 2.14m NOK (0% → 3149% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 7. Reported fact