FirmaIQ
Org.nr 924 760 184 2020 → 2021 Year-over-year analysis

ADRIAN FLIS AS: årsregnskap 2021 vs 2020

Grew 219473% on revenue, stronger earnings

approved 2021-12-31; registry 2022-07-16; journal 2022 717510

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADRIAN FLIS AS. Revenue 2 231 NOK → 4.90m NOK (+219472.8%). Net result +101.2k NOK → +466.1k NOK. Equity 10.13m NOK → 597.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2 231 NOK 4.90m NOK
+219472.8%
Operating result
+136.0k NOK +599.5k NOK
+341.0%
Net result
+101.2k NOK +466.1k NOK
+360.5%
Equity
10.13m NOK 597.3k NOK
-94.1%
Cash
224.4k NOK 896.2k NOK
+299.4%
Total assets
512.0k NOK 530.7k NOK
+3.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 231 NOK to 4.90m NOK (+219472.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +136.0k NOK → +599.5k NOK (op. margin 6093.9% → 12.2%). Calculated

  • ↑

    Net result improved

    Net result +101.2k NOK → +466.1k NOK (net margin 4536.7% → 9.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 224.4k NOK → 896.2k NOK (+299.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 10.13m NOK → 597.3k NOK (equity ratio 1978.6% → 112.6%). Calculated