ADVANIA NORGE AS: årsregnskap 2021 vs 2020
Weaker earnings, fresh owner capital
approved 2022-06-28; registry 2022-07-05; journal 2022 565934
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVANIA NORGE AS. Revenue 868.28m NOK → 889.87m NOK (+2.5%). Net result +58.16m NOK → +45.62m NOK. Equity 6.10bn NOK → 6.14bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVANIA NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 868.28m NOK to 889.87m NOK (+2.5% YoY). Calculated
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↑
Equity strengthened
Book equity 6.10bn NOK → 6.14bn NOK (equity ratio 2290.9% → 1825.8%). Calculated
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↑
Cash rose
Bank deposits 68.03m NOK → 72.97m NOK (+7.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 37.57m NOK → 98.29m NOK (+60.72m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +39.63m NOK → +35.42m NOK (op. margin 4.6% → 4.0%). Calculated
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↓
Net result weakened
Net result +58.16m NOK → +45.62m NOK (net margin 6.7% → 5.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 59.15m NOK → 63.19m NOK (7% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 738.70m NOK → 764.60m NOK (+3.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 108.8k NOK → 261.9k NOK. Reported fact