ADA FILM AS: årsregnskap 2021 vs 2020
Shrank 57% on revenue, stronger earnings, cash halved-plus
approved 2022-08-22; registry 2022-10-03; journal 2022 934687
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADA FILM AS. Revenue 751.5k NOK → 320.4k NOK (-57.4%). Net result +454.0k NOK → +1.29m NOK. Equity 30.5k NOK → 6.32m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +582.1k NOK → +670.5k NOK (op. margin 77.5% → 209.3%). Calculated
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Net result improved
Net result +454.0k NOK → +1.29m NOK (net margin 60.4% → 403.1%). Calculated
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Equity strengthened
Book equity 30.5k NOK → 6.32m NOK (equity ratio 4.5% → 656.6%). Calculated
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Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 751.5k NOK to 320.4k NOK (-57.4% YoY). Calculated
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Cash fell
Bank deposits 659.0k NOK → 78.5k NOK (-88.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.05× → 0.36× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1 153 NOK → 1.10m NOK (0% → 342% of revenue). Calculated