Org.nr 989 176 056 2020 → 2021 Year-over-year analysis

ADRIANS VERDEN AS: årsregnskap 2021 vs 2020

Grew 124341% on revenue, weaker earnings

approved 2022-04-20; registry 2022-05-18; journal 2022 234346

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADRIANS VERDEN AS. Revenue 210 NOK → 261.3k NOK (+124341.4%). Net result -1.76m NOK → -2.40m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADRIANS VERDEN AS.

At a glance

Revenue

210 NOK 261.3k NOK

+124341.4%

Operating result

-848.4k NOK -1.66m NOK

-96.0%

Net result

-1.76m NOK -2.40m NOK

-36.7%

Equity

1.59m NOK n/m

—

Cash

88.7k NOK 291.8k NOK

+228.9%

Total assets

27.15m NOK 34.66m NOK

+27.7%

↑
Revenue rose

Operating income / revenue moved from 210 NOK to 261.3k NOK (+124341.4% YoY). Calculated
↑
Cash rose

Bank deposits 88.7k NOK → 291.8k NOK (+228.9% YoY). Calculated

↓
Operating result weakened

Operating result -848.4k NOK → -1.66m NOK (op. margin -403988.6% → -636.3%). Calculated
↓
Net result weakened

Net result -1.76m NOK → -2.40m NOK (net margin -837585.7% → -920.3%). Calculated

·
Payroll increased

Salary cost 26.9k NOK → 86.6k NOK (12813% → 33% of revenue). Calculated