ADV FINANCE AS: årsregnskap 2021 vs 2020
A steady year on the published lines
approved 2022-07-05; registry 2022-07-16; journal 2022 653615
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADV FINANCE AS. Revenue 9.41m NOK → 9.52m NOK (+1.2%). Net result +121.5k NOK → +122.1k NOK. Equity 12.57m NOK → 10.70m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADV FINANCE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 9.41m NOK to 9.52m NOK (+1.2% YoY). Calculated
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↑
Operating result improved
Operating result +253.7k NOK → +282.4k NOK (op. margin 2.7% → 3.0%). Calculated
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↑
Cash rose
Bank deposits 797.3k NOK → 861.6k NOK (+8.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.57m NOK → 10.70m NOK (equity ratio 534.4% → 516.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 7.58m NOK → 7.26m NOK (-4.3% YoY). Calculated