FirmaIQ
Org.nr 915 523 374 2020 → 2021 Year-over-year analysis

ADRIAN HALLAND AS: årsregnskap 2021 vs 2020

Grew 877% on revenue, stronger earnings

approved 2022-02-07; registry 2022-07-09; journal 2022 656636

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADRIAN HALLAND AS. Revenue 786.4k NOK → 7.68m NOK (+876.7%). Net result +1.18m NOK → +3.82m NOK. Equity 472.3k NOK → 5.29m NOK.

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

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

At a glance

Scorecard

Revenue
786.4k NOK 7.68m NOK
+876.7%
Operating result
+1.52m NOK +4.37m NOK
+186.9%
Net result
+1.18m NOK +3.82m NOK
+224.9%
Equity
472.3k NOK 5.29m NOK
+1020.5%
Cash
840.4k NOK 491.6k NOK
-41.5%
Total assets
47.0k NOK 6.60m NOK
+13939.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 786.4k NOK to 7.68m NOK (+876.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.52m NOK → +4.37m NOK (op. margin 193.5% → 56.8%). Calculated

  • ↑

    Net result improved

    Net result +1.18m NOK → +3.82m NOK (net margin 149.5% → 49.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 472.3k NOK → 5.29m NOK (equity ratio 1004.7% → 80.2%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 840.4k NOK → 491.6k NOK (-41.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 122 NOK → 1.84m NOK (0% → 24% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 376.8k NOK → 629.7k NOK (+67.1% YoY). Calculated