FirmaIQ
Org.nr 981 043 111 2020 → 2021 Year-over-year analysis

ADCO AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-06-09; registry 2022-06-15; journal 2022 451447

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADCO AS. Revenue 274.1k NOK → 274.1k NOK (0.0%). Net result +1.45m NOK → +18.19m NOK. Equity 2.44m NOK → 16.93m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADCO AS.

At a glance

Scorecard

Revenue
274.1k NOK 274.1k NOK
0.0%
Operating result
+257.5k NOK -32.8k NOK
-112.7%
Net result
+1.45m NOK +18.19m NOK
+1157.1%
Equity
2.44m NOK 16.93m NOK
+594.0%
Cash
167.6k NOK 6.90m NOK
+4014.9%
Total assets
2.77m NOK 19.71m NOK
+612.1%

What improved

  • ↑

    Net result improved

    Net result +1.45m NOK → +18.19m NOK (net margin 528.1% → 6638.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.44m NOK → 16.93m NOK (equity ratio 88.1% → 85.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 167.6k NOK → 6.90m NOK (+4014.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +257.5k NOK → -32.8k NOK (op. margin 94.0% → -12.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.56m NOK → 9.82m NOK. Reported fact