Org.nr 917 994 439 2020 → 2021 Year-over-year analysis

ADAPTIVE MEASUREMENT SYSTEMS AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, slipped into loss

approved 2022-03-31; registry 2022-04-05; journal 2022 187804

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADAPTIVE MEASUREMENT SYSTEMS AS. Revenue 88.7k NOK → 0 NOK (-100.0%). Net result +17.4k NOK → -17.1k NOK. Equity -138.7k NOK → -155.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTIVE MEASUREMENT SYSTEMS AS.

Scorecard

Revenue
88.7k NOK 0 NOK
-100.0%
Operating result
+18.4k NOK -16.6k NOK
-190.4%
Net result
+17.4k NOK -17.1k NOK
-198.5%
Equity
-138.7k NOK -155.8k NOK
-12.3%
Cash
41.1k NOK 28.1k NOK
-31.6%
Total assets
94.6k NOK 78.1k NOK
-17.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 88.7k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +18.4k NOK → -16.6k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 17.4k NOK profit to a loss of 17.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -138.7k NOK → -155.8k NOK (equity ratio -146.6% → -199.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.1k NOK → 28.1k NOK (-31.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -199.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation