Org.nr 921 366 043 2020 → 2021 Year-over-year analysis

ADCO INVEST AS: årsregnskap 2021 vs 2020

Stronger earnings

registry 2022-07-19; journal 2022 739018

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADCO INVEST AS. Net result -295.4k NOK → -1 045 NOK. Equity -285.4k NOK → -286.4k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADCO INVEST AS.

Scorecard

Operating result
-1 022 NOK -1 020 NOK
+0.2%
Net result
-295.4k NOK -1 045 NOK
+99.6%
Equity
-285.4k NOK -286.4k NOK
-0.4%
Cash
451 NOK 451 NOK
0.0%
Total assets
30.5k NOK 30.0k NOK
-1.5%

What improved

  • ↑

    Operating result improved

    Operating result -1 022 NOK → -1 020 NOK. Calculated

  • ↑

    Net result improved

    Net result -295.4k NOK → -1 045 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -285.4k NOK → -286.4k NOK (equity ratio -937.2% → -954.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -954.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation