ADMIRAL HOTEL AS: årsregnskap 2021 vs 2020
Shrank 19% on revenue, weaker earnings
approved 2022-05-19; registry 2022-07-13; journal 2022 635561
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMIRAL HOTEL AS. Revenue 24.68m NOK → 19.93m NOK (-19.3%). Net result +7.70m NOK → +3.47m NOK. Equity 416.44m NOK → 416.44m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
24.68m NOK
19.93m NOK
-19.3%
Operating result
+9.99m NOK
+4.51m NOK
-54.9%
Net result
+7.70m NOK
+3.47m NOK
-54.9%
Equity
416.44m NOK
416.44m NOK
0.0%
Total assets
430.03m NOK
429.48m NOK
-0.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 24.68m NOK to 19.93m NOK (-19.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +9.99m NOK → +4.51m NOK (op. margin 40.5% → 22.6%). Calculated
-
↓
Net result weakened
Net result +7.70m NOK → +3.47m NOK (net margin 31.2% → 17.4%). Calculated