ADVANTAGE DEVELOPMENT AS: årsregnskap 2021 vs 2020
Grew 34% on revenue, slipped into loss, fresh owner capital
approved 2022-06-27; registry 2022-06-29; journal 2022 554061
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVANTAGE DEVELOPMENT AS. Revenue 622.1k NOK → 830.9k NOK (+33.6%). Net result +23.9k NOK → -2 252 NOK. Equity 48.3k NOK → 46.1k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANTAGE DEVELOPMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 622.1k NOK to 830.9k NOK (+33.6% YoY). Calculated
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↑
Cash rose
Bank deposits 86.9k NOK → 115.3k NOK (+32.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +41.1k NOK → +19.1k NOK (op. margin 6.6% → 2.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 23.9k NOK profit to a loss of 2 252 NOK. Calculated
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↓
Equity eroded
Book equity 48.3k NOK → 46.1k NOK (equity ratio 46.6% → 29.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 102 NOK → 332.0k NOK (0% → 40% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact