ADMINS AS: årsregnskap 2021 vs 2020
Grew 74% on revenue, stronger earnings
approved 2022-01-17; registry 2022-02-05; journal 2022 112916
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMINS AS. Revenue 247.6k NOK → 431.9k NOK (+74.4%). Net result +33.6k NOK → +129.3k NOK. Equity 136.7k NOK → 230.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADMINS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 247.6k NOK to 431.9k NOK (+74.4% YoY). Calculated
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Operating result improved
Operating result +49.7k NOK → +166.8k NOK (op. margin 20.1% → 38.6%). Calculated
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Net result improved
Net result +33.6k NOK → +129.3k NOK (net margin 13.6% → 29.9%). Calculated
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Equity strengthened
Book equity 136.7k NOK → 230.9k NOK (equity ratio 52.9% → 54.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 258.6k NOK → 220.6k NOK (-14.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 29.0k NOK → 2.13m NOK (12% → 492% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 133 NOK → 105.3k NOK (+79072.9% YoY). Calculated