FirmaIQ
Org.nr 992 075 260 2020 → 2021 Year-over-year analysis

ADAMS HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-03-30; registry 2022-04-07; journal 2022 193683

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADAMS HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.18m NOK → +591.6k NOK. Equity 2.28m NOK → 1.87m NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-9 422 NOK -5 664 NOK
+39.9%
Net result
+1.18m NOK +591.6k NOK
-50.1%
Equity
2.28m NOK 1.87m NOK
-17.9%
Cash
564.2k NOK 250.6k NOK
-55.6%
Total assets
2.64m NOK 2.33m NOK
-11.9%

What improved

  • ↑

    Operating result improved

    Operating result -9 422 NOK → -5 664 NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.18m NOK → +591.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.28m NOK → 1.87m NOK (equity ratio 86.4% → 80.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 564.2k NOK → 250.6k NOK (-55.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.55× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated