ADDEND AS: årsregnskap 2021 vs 2020
Slipped into loss
approved 2022-06-29; registry 2022-07-04; journal 2022 603873
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADDEND AS. Revenue 378.0k NOK → 378.0k NOK (0.0%). Net result +293.0k NOK → -1.96m NOK. Equity 3.99m NOK → 3.53m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDEND AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -38.4k NOK → -23.5k NOK (op. margin -10.2% → -6.2%). Calculated
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Cash rose
Bank deposits 8 804 NOK → 115.8k NOK (+1215.7% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 293.0k NOK profit to a loss of 1.96m NOK. Calculated
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↓
Equity eroded
Book equity 3.99m NOK → 3.53m NOK (equity ratio 97.7% → 168.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.81× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 3.43m NOK → 1.50m NOK. Reported fact