FirmaIQ
Org.nr 918 271 759 2020 → 2021 Year-over-year analysis

ADVANCED INNOVATIONS AS: årsregnskap 2021 vs 2020

Shrank 9% on revenue

approved 2022-03-24; registry 2022-03-28; journal 2022 168333

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANCED INNOVATIONS AS. Revenue 282.1k NOK → 257.0k NOK (-8.9%). Net result +71.3k NOK → +81.4k NOK. Equity -52.7k NOK → 28.6k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
282.1k NOK 257.0k NOK
-8.9%
Operating result
+69.0k NOK +83.9k NOK
+21.5%
Net result
+71.3k NOK +81.4k NOK
+14.2%
Equity
-52.7k NOK 28.6k NOK
+154.3%
Cash
39.9k NOK 48.7k NOK
+22.0%
Total assets
64.9k NOK 111.6k NOK
+71.9%

What improved

  • ↑

    Operating result improved

    Operating result +69.0k NOK → +83.9k NOK (op. margin 24.5% → 32.6%). Calculated

  • ↑

    Net result improved

    Net result +71.3k NOK → +81.4k NOK (net margin 25.3% → 31.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -52.7k NOK → 28.6k NOK (equity ratio -81.2% → 25.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.9k NOK → 48.7k NOK (+22.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 282.1k NOK to 257.0k NOK (-8.9% YoY). Calculated