AD PROPERTY AS: årsregnskap 2021 vs 2020
Shrank 79% on revenue, stronger earnings
approved 2022-06-29; registry 2022-07-23; journal 2022 742576
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AD PROPERTY AS. Revenue 595.2k NOK → 123.4k NOK (-79.3%). Net result +347.2k NOK → +653.3k NOK. Equity 1.96m NOK → 3.62m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +499.4k NOK → +632.0k NOK (op. margin 83.9% → 512.3%). Calculated
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↑
Net result improved
Net result +347.2k NOK → +653.3k NOK (net margin 58.3% → 529.5%). Calculated
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↑
Equity strengthened
Book equity 1.96m NOK → 3.62m NOK (equity ratio 23.4% → 43.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 595.2k NOK to 123.4k NOK (-79.3% YoY). Calculated
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↓
Cash fell
Bank deposits 955.8k NOK → 488.7k NOK (-48.9% YoY). Calculated