ADB TJENESTER AS: årsregnskap 2021 vs 2020
Shrank 25% on revenue, cash halved-plus
approved 2022-06-05; registry 2022-06-08; journal 2022 428579
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADB TJENESTER AS. Revenue 40.6k NOK → 30.6k NOK (-24.6%). Net result -38.1k NOK → -47.7k NOK. Equity -163.8k NOK → -211.5k 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 ADB TJENESTER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 40.6k NOK to 30.6k NOK (-24.6% YoY). Calculated
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Operating result weakened
Operating result -38.1k NOK → -47.7k NOK (op. margin -93.7% → -155.6%). Calculated
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↓
Net result weakened
Net result -38.1k NOK → -47.7k NOK (net margin -93.7% → -155.6%). Calculated
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↓
Equity eroded
Book equity -163.8k NOK → -211.5k NOK (equity ratio -418.5% → -1383.8%). Calculated
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↓
Cash fell
Bank deposits 39.1k NOK → 15.3k NOK (-61.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1383.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation