Org.nr 916 555 865 2020 → 2021 Year-over-year analysis

ADAPT ARKITEKTER AS: årsregnskap 2021 vs 2020

Shrank 6% on revenue, weaker earnings

approved 2022-02-02; registry 2022-02-09; journal 2022 114571

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADAPT ARKITEKTER AS. Revenue 5.79m NOK → 5.43m NOK (-6.3%). Net result +992.5k NOK → +255.9k NOK. Equity 2.23m NOK → 1.61m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ADAPT ARKITEKTER AS.

Scorecard

Revenue
5.79m NOK 5.43m NOK
-6.3%
Operating result
+1.27m NOK +323.9k NOK
-74.5%
Net result
+992.5k NOK +255.9k NOK
-74.2%
Equity
2.23m NOK 1.61m NOK
-27.7%
Cash
1.76m NOK 1.21m NOK
-31.2%
Total assets
3.34m NOK 2.45m NOK
-26.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.79m NOK to 5.43m NOK (-6.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.27m NOK → +323.9k NOK (op. margin 21.9% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +992.5k NOK → +255.9k NOK (net margin 17.2% → 4.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.23m NOK → 1.61m NOK (equity ratio 66.8% → 65.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.76m NOK → 1.21m NOK (-31.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 140.0k NOK → 90.0k NOK — check capital reduction, conversion, or reclassification. Interpretation