ADPROSJEKT AS: årsregnskap 2021 vs 2020
Grew 248377% on revenue, slipped into loss, cash halved-plus
approved 2022-06-30; registry 2022-08-08; journal 2022 827263
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADPROSJEKT AS. Revenue 6 255 NOK → 15.54m NOK (+248376.7%). Net result +5.56m NOK → -148.2k NOK. Equity 5.59m NOK → 439.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADPROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 255 NOK to 15.54m NOK (+248376.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +733.6k NOK → -157.3k NOK (op. margin 11728.7% → -1.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 5.56m NOK profit to a loss of 148.2k NOK. Calculated
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↓
Equity eroded
Book equity 5.59m NOK → 439.8k NOK (equity ratio 319.7% → 12.0%). Calculated
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↓
Cash fell
Bank deposits 6.38m NOK → 17.4k NOK (-99.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.38m NOK → 17.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 1 949 NOK → 7.59m NOK (31% → 49% of revenue). Calculated
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COGS moved
COGS / varekostnad 2 651 NOK → 5.58m NOK (+210538.7% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 14. Reported fact