ADVICIA AS: årsregnskap 2021 vs 2020
Grew 384% on revenue, stronger earnings
approved 2022-07-29; registry 2022-08-15; journal 2022 870772
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVICIA AS. Revenue 1.40m NOK → 6.80m NOK (+384.4%). Net result +157.8k NOK → +517.6k NOK. Equity 10.1k NOK → 286.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVICIA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.40m NOK to 6.80m NOK (+384.4% YoY). Calculated
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Operating result improved
Operating result +201.0k NOK → +548.3k NOK (op. margin 14.3% → 8.1%). Calculated
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Net result improved
Net result +157.8k NOK → +517.6k NOK (net margin 11.2% → 7.6%). Calculated
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Equity strengthened
Book equity 10.1k NOK → 286.6k NOK (equity ratio 0.6% → 17.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 992.0k NOK → 796.4k NOK (-19.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 793.7k NOK → 3.71m NOK (57% → 55% of revenue). Calculated
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COGS moved
COGS / varekostnad 213.2k NOK → 725.0k NOK (+240.0% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 5. Reported fact