ADA CAPITAL AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-06-30; registry 2022-07-18; journal 2022 732616
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADA CAPITAL AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +44.7k NOK → -943.2k NOK. Equity 74.7k NOK → -868.6k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADA CAPITAL AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -8 570 NOK → -8 023 NOK. Calculated
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Cash rose
Bank deposits 28.2k NOK → 43.0k NOK (+52.5% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 44.7k NOK profit to a loss of 943.2k NOK. Calculated
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Equity eroded
Book equity 74.7k NOK → -868.6k NOK (equity ratio 5.4% → -158.4%). Calculated
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Current ratio dropped below 1×
Current ratio 1055.32× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -158.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation