Org.nr 922 626 111 2020 → 2021 Year-over-year analysis

ADSIGN IDEUTVIKLING AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue

approved 2022-06-29; registry 2022-07-05; journal 2022 574002

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADSIGN IDEUTVIKLING AS. Revenue 12.08m NOK → 11.39m NOK (-5.7%). Net result +267.0k NOK → +311.8k NOK. Equity 4.18m NOK → 9.95m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADSIGN IDEUTVIKLING AS.

Scorecard

Revenue
12.08m NOK 11.39m NOK
-5.7%
Operating result
+1.60m NOK +416.1k NOK
-74.0%
Net result
+267.0k NOK +311.8k NOK
+16.7%
Equity
4.18m NOK 9.95m NOK
+138.1%
Cash
2.29m NOK 1.30m NOK
-43.4%
Total assets
6.00m NOK 2.36m NOK
-60.7%

What improved

  • ↑

    Net result improved

    Net result +267.0k NOK → +311.8k NOK (net margin 2.2% → 2.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.18m NOK → 9.95m NOK (equity ratio 69.6% → 421.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.08m NOK to 11.39m NOK (-5.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +416.1k NOK (op. margin 13.3% → 3.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.29m NOK → 1.30m NOK (-43.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 4.14m NOK → 638.7k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.66m NOK → 71.2k NOK (-98.5% YoY). Calculated