AD:NUM AS: årsregnskap 2021 vs 2020
Shrank 36% on revenue, returned to profit, cash halved-plus
approved 2022-06-07; registry 2022-06-15; journal 2022 434323
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD:NUM AS. Revenue 715.7k NOK → 457.5k NOK (-36.1%). Net result -46.4k NOK → +22.3k NOK. Equity 90.6k NOK → 112.9k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AD:NUM AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -59.5k NOK → +28.6k NOK (op. margin -8.3% → 6.3%). Calculated
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Turned profitable
Net result flipped from a loss of 46.4k NOK to a profit of 22.3k NOK. Calculated
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Equity strengthened
Book equity 90.6k NOK → 112.9k NOK (equity ratio 16.6% → 44.9%). Calculated
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Payroll decreased
Salary cost 474.4k NOK → 2 474 NOK (66% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 715.7k NOK to 457.5k NOK (-36.1% YoY). Calculated
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Cash fell
Bank deposits 2.40m NOK → 36.3k NOK (-98.5% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.40m NOK → 36.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation