ADMIRUM AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-05-26; registry 2022-06-01; journal 2022 382321
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMIRUM AS. Revenue 2.05m NOK → 2.02m NOK (-1.6%). Net result +8 NOK → +1.64m NOK. Equity 5.92m NOK → 7.06m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADMIRUM AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +8 NOK → +1.64m NOK (net margin 0.0% → 81.4%). Calculated
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↑
Equity strengthened
Book equity 5.92m NOK → 7.06m NOK (equity ratio 91.4% → 87.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.05m NOK to 2.02m NOK (-1.6% YoY). Calculated
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↓
Cash fell
Bank deposits 2.33m NOK → 1.74m NOK (-25.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 734.2k NOK → 888.4k NOK (36% → 44% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10 NOK → 5.49m NOK. Reported fact