Org.nr 922 588 287 2020 → 2021 Year-over-year analysis

AD VENTURES AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus, fresh owner capital

approved 2022-05-25; registry 2022-08-15; journal 2022 867002

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AD VENTURES AS. Revenue 0 NOK → 9 985 NOK. Net result -3 420 NOK → -14.8k NOK. Equity 20.5k NOK → 21.1k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

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

Scorecard

Revenue
0 NOK 9 985 NOK
—
Operating result
-3 425 NOK -14.8k NOK
-332.5%
Net result
-3 420 NOK -14.8k NOK
-333.0%
Equity
20.5k NOK 21.1k NOK
+2.9%
Cash
20.5k NOK 8 977 NOK
-56.3%
Total assets
20.5k NOK 22.9k NOK
+11.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 9 985 NOK. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 45.0k NOK (+15.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 425 NOK → -14.8k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 420 NOK → -14.8k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 20.5k NOK → 8 977 NOK (-56.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3 425 NOK → 10.9k NOK (+217.5% YoY). Calculated