Org.nr 890 573 762 2020 → 2021 Year-over-year analysis

ADACC INVEST AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-06-30; registry 2022-07-28; journal 2022 815450

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADACC INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +503.3k NOK → -479.3k NOK. Equity 3.35m NOK → 2.87m NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-6 342 NOK -8 400 NOK
-32.5%
Net result
+503.3k NOK -479.3k NOK
-195.2%
Equity
3.35m NOK 2.87m NOK
-14.3%
Cash
1 088 NOK 63.3k NOK
+5721.6%
Total assets
10.16m NOK 9.79m NOK
-3.6%

What improved

  • ↑

    Cash rose

    Bank deposits 1 088 NOK → 63.3k NOK (+5721.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 5.59×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 342 NOK → -8 400 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 503.3k NOK profit to a loss of 479.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.35m NOK → 2.87m NOK (equity ratio 33.0% → 29.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 9.98m NOK → 9.54m NOK. Reported fact