ADRIAN MALERSERVICE AS: årsregnskap 2021 vs 2020
Grew 53% on revenue, weaker earnings
approved 2022-03-14; registry 2022-08-02; journal 2022 762974
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADRIAN MALERSERVICE AS. Revenue 8.42m NOK → 12.89m NOK (+53.2%). Net result +801.1k NOK → +596.4k NOK. Equity 30.2k NOK → 1.20m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADRIAN MALERSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.42m NOK to 12.89m NOK (+53.2% YoY). Calculated
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↑
Operating result improved
Operating result +25.4k NOK → +2.05m NOK (op. margin 0.3% → 15.9%). Calculated
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↑
Equity strengthened
Book equity 30.2k NOK → 1.20m NOK (equity ratio 1.0% → 25.1%). Calculated
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↑
Cash rose
Bank deposits 1.50m NOK → 1.99m NOK (+32.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +801.1k NOK → +596.4k NOK (net margin 9.5% → 4.6%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 290.3k NOK → 2.35m NOK (+707.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 50.1k NOK → 30.8k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 7 → 9. Reported fact