ADAPA SYSTEMS AS: årsregnskap 2021 vs 2020
Shrank 46% on revenue, slipped into loss, cash halved-plus
approved 2023-02-28; registry 2023-03-04; journal 2023 315783
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPA SYSTEMS AS. Revenue 137.9k NOK → 74.5k NOK (-46.0%). Net result +1 012 NOK → -260.3k NOK. Equity -1.28m NOK → -1.54m NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 137.9k NOK to 74.5k NOK (-46.0% YoY). Calculated
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Operating result weakened
Operating result +1 119 NOK → -259.4k NOK (op. margin 0.8% → -348.1%). Calculated
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Fell into a net loss
Net result flipped from 1 012 NOK profit to a loss of 260.3k NOK. Calculated
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Equity eroded
Book equity -1.28m NOK → -1.54m NOK (equity ratio -1843.7% → -1258.6%). Calculated
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Cash fell
Bank deposits 48.8k NOK → 23.1k NOK (-52.7% YoY). Calculated