FirmaIQ
Org.nr 996 395 723 2020 → 2021 Year-over-year analysis

ADVENIO AS: årsregnskap 2021 vs 2020

Grew 16% on revenue

approved 2022-05-19; registry 2022-06-07; journal 2022 336762

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADVENIO AS. Revenue 5.41m NOK → 6.27m NOK (+15.9%). Net result +671.8k NOK → +637.7k NOK. Equity 1.87m NOK → 2.31m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVENIO AS.

At a glance

Scorecard

Revenue
5.41m NOK 6.27m NOK
+15.9%
Operating result
+5 530 NOK +2.02m NOK
+36349.0%
Net result
+671.8k NOK +637.7k NOK
-5.1%
Equity
1.87m NOK 2.31m NOK
+23.4%
Cash
2.26m NOK 1.56m NOK
-30.9%
Total assets
3.64m NOK 4.13m NOK
+13.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.41m NOK to 6.27m NOK (+15.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 530 NOK → +2.02m NOK (op. margin 0.1% → 32.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.87m NOK → 2.31m NOK (equity ratio 51.5% → 55.9%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +671.8k NOK → +637.7k NOK (net margin 12.4% → 10.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.26m NOK → 1.56m NOK (-30.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 411.1k NOK → 87.7k NOK (-78.7% YoY). Calculated