ADVANO CONSULTING AS: årsregnskap 2021 vs 2020
Grew 254% on revenue, weaker earnings
approved 2022-04-05; registry 2022-04-23; journal 2022 216063
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVANO CONSULTING AS. Revenue 445.9k NOK → 1.58m NOK (+253.5%). Net result +280.9k NOK → +217.2k NOK. Equity 153.8k NOK → 316.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANO CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 445.9k NOK to 1.58m NOK (+253.5% YoY). Calculated
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↑
Equity strengthened
Book equity 153.8k NOK → 316.3k NOK (equity ratio 26.9% → 40.8%). Calculated
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↑
Cash rose
Bank deposits 333.6k NOK → 558.8k NOK (+67.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +360.4k NOK → +278.4k NOK (op. margin 80.8% → 17.7%). Calculated
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↓
Net result weakened
Net result +280.9k NOK → +217.2k NOK (net margin 63.0% → 13.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 855.9k NOK → 1.16m NOK (192% → 74% of revenue). Calculated