Org.nr 925 509 620 2020 → 2021 Year-over-year analysis

ADRASTIA HAIR & BEAUTY AS: årsregnskap 2021 vs 2020

Grew 49% on revenue, stronger earnings, cash halved-plus

approved 2022-05-18; registry 2022-05-25; journal 2022 340018

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADRASTIA HAIR & BEAUTY AS. Revenue 331.3k NOK → 492.2k NOK (+48.6%). Net result +151.7k NOK → +761.2k NOK. Equity 181.7k NOK → 142.9k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADRASTIA HAIR & BEAUTY AS.

Scorecard

Revenue
331.3k NOK 492.2k NOK
+48.6%
Operating result
+194.5k NOK +975.9k NOK
+401.7%
Net result
+151.7k NOK +761.2k NOK
+401.7%
Equity
181.7k NOK 142.9k NOK
-21.4%
Cash
223.0k NOK 1 738 NOK
-99.2%
Total assets
251.4k NOK 277.9k NOK
+10.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 331.3k NOK to 492.2k NOK (+48.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +194.5k NOK → +975.9k NOK (op. margin 58.7% → 198.3%). Calculated

  • ↑

    Net result improved

    Net result +151.7k NOK → +761.2k NOK (net margin 45.8% → 154.7%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 181.7k NOK → 142.9k NOK (equity ratio 72.3% → 51.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 223.0k NOK → 1 738 NOK (-99.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 24.2k NOK → 67.9k NOK (+180.2% YoY). Calculated