ADMINPARTNER AS: årsregnskap 2021 vs 2020
Grew 23% on revenue, slipped into loss
approved 2023-04-14; registry 2023-04-17; journal 2023 355352
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMINPARTNER AS. Revenue 733.2k NOK → 902.1k NOK (+23.0%). Net result +150.6k NOK → -85.6k NOK. Equity 614.4k NOK → 528.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADMINPARTNER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 733.2k NOK to 902.1k NOK (+23.0% YoY). Calculated
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Cash rose
Bank deposits 321.8k NOK → 407.2k NOK (+26.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +189.3k NOK → -90.7k NOK (op. margin 25.8% → -10.1%). Calculated
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Fell into a net loss
Net result flipped from 150.6k NOK profit to a loss of 85.6k NOK. Calculated
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↓
Equity eroded
Book equity 614.4k NOK → 528.8k NOK (equity ratio 53.4% → 41.5%). Calculated
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Current ratio dropped below 1×
Current ratio 1.03× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 130.2k NOK → 144.1k NOK (18% → 16% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 78.0k NOK → 255.7k NOK. Reported fact