Org.nr 923 749 934 2020 → 2021 Year-over-year analysis

ADBM AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, slipped into loss

approved 2022-06-30; registry 2022-08-01; journal 2022 839717

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADBM AS. Revenue 341.9k NOK → 341 NOK (-99.9%). Net result +136.8k NOK → -13.2k NOK. Equity 59.4k NOK → 36.3k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADBM AS.

Scorecard

Revenue
341.9k NOK 341 NOK
-99.9%
Operating result
+175.6k NOK -16.9k NOK
-109.6%
Net result
+136.8k NOK -13.2k NOK
-109.6%
Equity
59.4k NOK 36.3k NOK
-39.0%
Cash
8 019 NOK 18.8k NOK
+134.6%
Total assets
101.2k NOK 36.3k NOK
-64.2%

What improved

  • ↑

    Cash rose

    Bank deposits 8 019 NOK → 18.8k NOK (+134.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 136.9k NOK → 1 136 NOK (40% → 333% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 341.9k NOK to 341 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +175.6k NOK → -16.9k NOK (op. margin 51.3% → -4945.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 136.8k NOK profit to a loss of 13.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 59.4k NOK → 36.3k NOK (equity ratio 58.7% → 100.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 20.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 61.0k NOK → 1 042 NOK. Reported fact