Org.nr 824 652 562 2020 → 2021 Year-over-year analysis

AD TEXO AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-07-22; registry 2022-07-25; journal 2022 784606

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AD TEXO AS. Net result +72.3k NOK → +15.5k NOK. Equity 11.12m NOK → 137.9k NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AD TEXO AS.

At a glance

Operating result

-9 763 NOK -6 082 NOK

+37.7%

Net result

+72.3k NOK +15.5k NOK

-78.5%

Equity

11.12m NOK 137.9k NOK

-98.8%

Cash

82.3k NOK 67.1k NOK

-18.5%

Total assets

122.3k NOK 137.9k NOK

+12.7%

↑
Operating result improved

Operating result -9 763 NOK → -6 082 NOK. Calculated

↓
Net result weakened

Net result +72.3k NOK → +15.5k NOK. Calculated
↓
Equity eroded

Book equity 11.12m NOK → 137.9k NOK (equity ratio 9091.6% → 100.0%). Calculated
↓
Cash fell

Bank deposits 82.3k NOK → 67.1k NOK (-18.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 5 001 NOK → 35.8k NOK. Reported fact