Org.nr 818 147 732 2020 → 2021 Year-over-year analysis

ADVISION AS: årsregnskap 2021 vs 2020

Grew 18% on revenue, stronger earnings

approved 2021-12-31; registry 2022-05-02; journal 2022 247755

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVISION AS. Revenue 2.18m NOK → 2.56m NOK (+17.5%). Net result +13.9k NOK → +35.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
2.18m NOK 2.56m NOK
+17.5%
Operating result
+27.5k NOK +45.9k NOK
+66.8%
Net result
+13.9k NOK +35.9k NOK
+158.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.18m NOK to 2.56m NOK (+17.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +27.5k NOK → +45.9k NOK (op. margin 1.3% → 1.8%). Calculated

  • ↑

    Net result improved

    Net result +13.9k NOK → +35.9k NOK (net margin 0.6% → 1.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 384.4k NOK → 674.5k NOK (+75.5% YoY). Calculated