ADAPTABLE INTERIORS AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, weaker earnings, cash halved-plus
registry 2022-07-23; journal 2022 769958
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPTABLE INTERIORS AS. Revenue 22.8k NOK → 0 NOK (-100.0%). Net result -24.5k NOK → -77.3k NOK. Equity 5 548 NOK → -47.3k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTABLE INTERIORS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 22.8k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result -24.5k NOK → -77.3k NOK. Calculated
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↓
Net result weakened
Net result -24.5k NOK → -77.3k NOK. Calculated
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↓
Equity eroded
Book equity 5 548 NOK → -47.3k NOK (equity ratio 21.7% → -927.4%). Calculated
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↓
Cash fell
Bank deposits 25.6k NOK → 5 101 NOK (-80.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -927.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation