Org.nr 981 279 816 2020 → 2021 Year-over-year analysis

AD-GROUP AS: årsregnskap 2021 vs 2020

Grew 99900% on revenue

approved 2022-04-11; registry 2022-05-05; journal 2022 205243

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AD-GROUP AS. Revenue 342 NOK → 342.0k NOK (+99900.0%). Net result +110.1k NOK → +112.3k NOK. Equity 773.0k NOK → 112.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for AD-GROUP AS.

Scorecard

Revenue
342 NOK 342.0k NOK
+99900.0%
Operating result
+196.0k NOK +195.5k NOK
-0.2%
Net result
+110.1k NOK +112.3k NOK
+2.0%
Equity
773.0k NOK 112.3k NOK
-85.5%
Cash
2 409 NOK 17.3k NOK
+616.7%
Total assets
2.46m NOK 2.53m NOK
+3.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 342 NOK to 342.0k NOK (+99900.0% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2 409 NOK → 17.3k NOK (+616.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +196.0k NOK → +195.5k NOK (op. margin 57301.2% → 57.2%). Calculated

  • ↓

    Equity eroded

    Book equity 773.0k NOK → 112.3k NOK (equity ratio 31.5% → 4.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 526.8k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation