ADSERVE AS: årsregnskap 2021 vs 2020
Grew 20% on revenue, returned to profit
approved 2022-06-01; registry 2022-06-04; journal 2022 419113
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADSERVE AS. Revenue 250.3k NOK → 299.3k NOK (+19.5%). Net result -57.2k NOK → +764.5k NOK. Equity -27.2k NOK → 5.14m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADSERVE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 250.3k NOK to 299.3k NOK (+19.5% YoY). Calculated
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Operating result improved
Operating result -54.3k NOK → +971.2k NOK (op. margin -21.7% → 324.5%). Calculated
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Turned profitable
Net result flipped from a loss of 57.2k NOK to a profit of 764.5k NOK. Calculated
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Equity strengthened
Book equity -27.2k NOK → 5.14m NOK (equity ratio -7.0% → 824.7%). Calculated
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Cash rose
Bank deposits 214.6k NOK → 605.5k NOK (+182.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 528.0k NOK (0% → 176% of revenue). Calculated
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COGS moved
COGS / varekostnad 15.8k NOK → 736.6k NOK (+4550.5% YoY). Calculated