ADVANCE AS: årsregnskap 2021 vs 2020
A steady year on the published lines
approved 2022-05-31; registry 2022-07-02; journal 2022 586398
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVANCE AS. Revenue 1.23m NOK → 1.26m NOK (+2.9%). Net result +32.6k NOK → +34.0k NOK. Equity 247.9k NOK → 281.9k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.23m NOK to 1.26m NOK (+2.9% YoY). Calculated
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↑
Operating result improved
Operating result +42.2k NOK → +43.0k NOK (op. margin 3.4% → 3.4%). Calculated
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↑
Equity strengthened
Book equity 247.9k NOK → 281.9k NOK (equity ratio 47.4% → 37.7%). Calculated
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↑
Cash rose
Bank deposits 76.5k NOK → 77.6k NOK (+1.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.02m NOK → 1.95m NOK (83% → 155% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 32.9k NOK → 63.3k NOK (+92.6% YoY). Calculated