ADVENTIO AS: årsregnskap 2021 vs 2020
Grew 227% on revenue, cash halved-plus
approved 2022-03-18; registry 2022-04-27; journal 2022 230137
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVENTIO AS. Revenue 25.5k NOK → 83.4k NOK (+227.0%). Net result +32.3k NOK → +37.8k NOK. Equity 613.0k NOK → 650.9k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVENTIO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.5k NOK to 83.4k NOK (+227.0% YoY). Calculated
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Net result improved
Net result +32.3k NOK → +37.8k NOK (net margin 126.6% → 45.4%). Calculated
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↑
Equity strengthened
Book equity 613.0k NOK → 650.9k NOK (equity ratio 75.8% → 94.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -50.6k NOK → -80.9k NOK (op. margin -198.5% → -97.1%). Calculated
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↓
Cash fell
Bank deposits 234.0k NOK → 27.1k NOK (-88.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.08× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 2 299 NOK → 10.7k NOK (9% → 13% of revenue). Calculated
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COGS moved
COGS / varekostnad 7 092 NOK → 80.8k NOK (+1039.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 387.1k NOK → 632.1k NOK. Reported fact