ADMIT AS: årsregnskap 2021 vs 2020
Grew 170% on revenue, weaker earnings, cash halved-plus
approved 2022-06-27; registry 2022-08-02; journal 2022 763090
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADMIT AS. Revenue 532.9k NOK → 1.44m NOK (+170.0%). Net result -559.0k NOK → -1.12m NOK. Equity 169.2k NOK → 1.34m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADMIT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 532.9k NOK to 1.44m NOK (+170.0% YoY). Calculated
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Equity strengthened
Book equity 169.2k NOK → 1.34m NOK (equity ratio 7.9% → 48.9%). Calculated
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Owners injected capital
Paid-in equity rose 170.5k NOK → 3.29m NOK (+3.12m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -557.0k NOK → -1.12m NOK (op. margin -104.5% → -77.8%). Calculated
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↓
Net result weakened
Net result -559.0k NOK → -1.12m NOK (net margin -104.9% → -77.5%). Calculated
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↓
Cash fell
Bank deposits 47.4k NOK → 14.2k NOK (-70.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 715.6k NOK → 215.1k NOK (-69.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 866.2k NOK → 83.5k NOK. Reported fact