FirmaIQ
Org.nr 981 118 081 2020 → 2021 Year-over-year analysis

ADMINOR AS: årsregnskap 2021 vs 2020

Shrank 15% on revenue, weaker earnings

approved 2022-02-02; registry 2022-02-05; journal 2022 112908

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADMINOR AS. Revenue 4.87m NOK → 4.13m NOK (-15.3%). Net result +647.2k NOK → +349.6k NOK. Equity 1.92m NOK → 2.07m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
4.87m NOK 4.13m NOK
-15.3%
Operating result
+822.4k NOK +446.3k NOK
-45.7%
Net result
+647.2k NOK +349.6k NOK
-46.0%
Equity
1.92m NOK 2.07m NOK
+7.8%
Cash
n/m 2.25m NOK
—
Total assets
3.29m NOK 2.72m NOK
-17.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.92m NOK → 2.07m NOK (equity ratio 58.4% → 76.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.03m NOK → 2.75m NOK (62% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.87m NOK to 4.13m NOK (-15.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +822.4k NOK → +446.3k NOK (op. margin 16.9% → 10.8%). Calculated

  • ↓

    Net result weakened

    Net result +647.2k NOK → +349.6k NOK (net margin 13.3% → 8.5%). Calculated