ADAPTED AS: årsregnskap 2021 vs 2020
Grew 2495% on revenue, stronger earnings
approved 2022-04-24; registry 2022-04-26; journal 2022 224368
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADAPTED AS. Revenue 115.5k NOK → 3.00m NOK (+2495.2%). Net result +301.9k NOK → +578.3k NOK. Equity 14.16m NOK → 738.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTED AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 115.5k NOK to 3.00m NOK (+2495.2% YoY). Calculated
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Operating result improved
Operating result +339.5k NOK → +759.5k NOK (op. margin 294.0% → 25.3%). Calculated
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Net result improved
Net result +301.9k NOK → +578.3k NOK (net margin 261.4% → 19.3%). Calculated
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Cash rose
Bank deposits 584.3k NOK → 878.7k NOK (+50.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 14.16m NOK → 738.7k NOK (equity ratio 1814.9% → 546.6%). Calculated
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Current ratio dropped below 1×
Current ratio 1.19× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 13.6k NOK → 0 NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 30.0k NOK → 44.7k NOK. Reported fact