FirmaIQ
Org.nr 993 231 924 2020 → 2021 Year-over-year analysis

ADO REVISJON AS: årsregnskap 2021 vs 2020

Grew 8% on revenue, weaker earnings

approved 2022-06-02; registry 2022-07-05; journal 2022 563018

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADO REVISJON AS. Revenue 2.70m NOK → 2.92m NOK (+8.1%). Net result +880.1k NOK → +23.7k NOK. Equity 869.5k NOK → 293.2k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2.70m NOK 2.92m NOK
+8.1%
Operating result
+1.13m NOK +1.31m NOK
+16.4%
Net result
+880.1k NOK +23.7k NOK
-97.3%
Equity
869.5k NOK 293.2k NOK
-66.3%
Cash
1.87m NOK 2.19m NOK
+17.3%
Total assets
2.63m NOK 2.84m NOK
+8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.70m NOK to 2.92m NOK (+8.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.13m NOK → +1.31m NOK (op. margin 41.7% → 45.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.87m NOK → 2.19m NOK (+17.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +880.1k NOK → +23.7k NOK (net margin 32.6% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 869.5k NOK → 293.2k NOK (equity ratio 33.1% → 10.3%). Calculated