ADRIAN EIENDOM AS: årsregnskap 2021 vs 2020
Grew 112% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-04; journal 2022 604401
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADRIAN EIENDOM AS. Revenue 2.47m NOK → 5.24m NOK (+112.1%). Net result +475.5k NOK → +746.4k NOK. Equity 8.07m NOK → 10.82m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADRIAN EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.47m NOK to 5.24m NOK (+112.1% YoY). Calculated
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Net result improved
Net result +475.5k NOK → +746.4k NOK (net margin 19.2% → 14.2%). Calculated
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Equity strengthened
Book equity 8.07m NOK → 10.82m NOK (equity ratio 40.5% → 51.7%). Calculated
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Cash rose
Bank deposits 1.50m NOK → 4.88m NOK (+225.2% YoY). Calculated
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Payroll decreased
Salary cost 23.7k NOK → 2 115 NOK (1% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +902.0k NOK → +631.4k NOK (op. margin 36.5% → 12.0%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 98.3k NOK → 37.7k NOK (-61.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 825 NOK → 1.39m NOK. Reported fact