FirmaIQ
Org.nr 917 502 366 2020 → 2021 Year-over-year analysis

ADMINOR EIENDOM AS: årsregnskap 2021 vs 2020

Grew 158% on revenue, stronger earnings, cash halved-plus

approved 2022-06-28; registry 2022-07-09; journal 2022 609824

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADMINOR EIENDOM AS. Revenue 2.02m NOK → 5.21m NOK (+158.1%). Net result -198.0k NOK → -89.9k NOK. Equity 8.88m NOK → 8.79m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADMINOR EIENDOM AS.

At a glance

Scorecard

Revenue
2.02m NOK 5.21m NOK
+158.1%
Operating result
+500.1k NOK +774.0k NOK
+54.8%
Net result
-198.0k NOK -89.9k NOK
+54.6%
Equity
8.88m NOK 8.79m NOK
-1.0%
Cash
647.7k NOK 202.2k NOK
-68.8%
Total assets
42.85m NOK 44.35m NOK
+3.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.02m NOK to 5.21m NOK (+158.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +500.1k NOK → +774.0k NOK (op. margin 24.8% → 14.9%). Calculated

  • ↑

    Net result improved

    Net result -198.0k NOK → -89.9k NOK (net margin -9.8% → -1.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 8.88m NOK → 8.79m NOK (equity ratio 20.7% → 19.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 647.7k NOK → 202.2k NOK (-68.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 750 NOK → 270.4k NOK (+15352.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact