FirmaIQ
Org.nr 916 458 487 2020 → 2021 Year-over-year analysis

ADVANIA IBIZ AS: årsregnskap 2021 vs 2020

Grew 42% on revenue, stronger earnings, fresh owner capital

approved 2022-03-22; registry 2022-06-13; journal 2022 413080

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVANIA IBIZ AS. Revenue 35.73m NOK → 50.63m NOK (+41.7%). Net result +6.02m NOK → +9.19m NOK. Equity 10.72m NOK → 19.91m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANIA IBIZ AS.

At a glance

Scorecard

Revenue
35.73m NOK 50.63m NOK
+41.7%
Operating result
+7.96m NOK +11.63m NOK
+46.1%
Net result
+6.02m NOK +9.19m NOK
+52.7%
Equity
10.72m NOK 19.91m NOK
+85.7%
Cash
9.30m NOK 17.76m NOK
+91.0%
Total assets
14.55m NOK 25.89m NOK
+78.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 35.73m NOK to 50.63m NOK (+41.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.96m NOK → +11.63m NOK (op. margin 22.3% → 23.0%). Calculated

  • ↑

    Net result improved

    Net result +6.02m NOK → +9.19m NOK (net margin 16.8% → 18.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.72m NOK → 19.91m NOK (equity ratio 73.7% → 76.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.30m NOK → 17.76m NOK (+91.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 21.07m NOK → 32.60m NOK (+54.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 7 → 5. Reported fact