Org.nr 885 094 732 2020 → 2021 Year-over-year analysis

ADORN FRISØR AS: årsregnskap 2021 vs 2020

Grew 19% on revenue, weaker earnings

approved 2022-05-02; registry 2022-05-12; journal 2022 285495

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADORN FRISØR AS. Revenue 1.85m NOK → 2.19m NOK (+18.6%). Net result +135.7k NOK → +68.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADORN FRISØR AS.

Scorecard

Revenue
1.85m NOK 2.19m NOK
+18.6%
Operating result
+176.0k NOK +87.3k NOK
-50.4%
Net result
+135.7k NOK +68.3k NOK
-49.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.85m NOK to 2.19m NOK (+18.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +176.0k NOK → +87.3k NOK (op. margin 9.5% → 4.0%). Calculated

  • ↓

    Net result weakened

    Net result +135.7k NOK → +68.3k NOK (net margin 7.4% → 3.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.03m NOK → 1.44m NOK (56% → 66% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 243.6k NOK → 314.8k NOK (+29.2% YoY). Calculated