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Org.nr 883 814 622 2020 → 2021 Year-over-year analysis

ADAPA AS: årsregnskap 2021 vs 2020

Shrank 86% on revenue, slipped into loss, cash halved-plus

approved 2022-06-07; registry 2022-06-15; journal 2022 433019

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADAPA AS. Revenue 1.90m NOK → 270.0k NOK (-85.8%). Net result +822.2k NOK → -1.32m NOK. Equity 9.49m NOK → 7.46m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.90m NOK 270.0k NOK
-85.8%
Operating result
+127.0k NOK -690.6k NOK
-644.0%
Net result
+822.2k NOK -1.32m NOK
-261.0%
Equity
9.49m NOK 7.46m NOK
-21.4%
Cash
390.6k NOK 190.4k NOK
-51.3%
Total assets
10.74m NOK 8.71m NOK
-18.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.90m NOK to 270.0k NOK (-85.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +127.0k NOK → -690.6k NOK (op. margin 6.7% → -255.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 822.2k NOK profit to a loss of 1.32m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.49m NOK → 7.46m NOK (equity ratio 88.4% → 85.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 390.6k NOK → 190.4k NOK (-51.3% YoY). Calculated