ADA HOLDING AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-05-25; registry 2022-06-13; journal 2022 412654
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADA HOLDING AS. Net result +15.02m NOK → +19.15m NOK. Equity 287.9k NOK → 22.44m NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADA HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +15.02m NOK → +19.15m NOK. Calculated
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↑
Equity strengthened
Book equity 287.9k NOK → 22.44m NOK (equity ratio 4.5% → 71.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.90× → 1.92×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -152.9k NOK → -566.3k NOK. Calculated
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↓
Cash fell
Bank deposits 1.65m NOK → 48.2k NOK (-97.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.65m NOK → 48.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 4.64m NOK → 14.31m NOK. Reported fact