ADONIS AS: årsregnskap 2021 vs 2020
Stronger earnings
approved 2022-12-15; registry 2022-12-27; journal 2022 948190
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADONIS AS. Revenue 30.99m NOK → 31.25m NOK (+0.9%). Net result -877.8k NOK → -354.1k NOK. Equity 5.81m NOK → 5.46m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADONIS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 30.99m NOK to 31.25m NOK (+0.9% YoY). Calculated
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↑
Operating result improved
Operating result -861.3k NOK → +357.9k NOK (op. margin -2.8% → 1.1%). Calculated
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↑
Net result improved
Net result -877.8k NOK → -354.1k NOK (net margin -2.8% → -1.1%). Calculated
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↑
Cash rose
Bank deposits 1.89m NOK → 3.80m NOK (+100.8% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 5.81m NOK → 5.46m NOK (equity ratio 16.1% → 14.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 12.71m NOK → 14.24m NOK (41% → 46% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 11.74m NOK → 9.66m NOK (-17.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 416.9k NOK → 410.9k NOK. Reported fact