Org.nr 989 009 990 2020 → 2021 Year-over-year analysis

ADDENDUM AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-23; registry 2022-06-07; journal 2022 340362

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADDENDUM AS. Net result -1.91m NOK → -496.7k NOK. Equity 1.10m NOK → 9.51m NOK.

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

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

Scorecard

Operating result
-355.4k NOK -108.8k NOK
+69.4%
Net result
-1.91m NOK -496.7k NOK
+74.0%
Equity
1.10m NOK 9.51m NOK
+761.9%
Cash
665.0k NOK 623.5k NOK
-6.2%
Total assets
1.14m NOK 623.5k NOK
-45.1%

What improved

  • ↑

    Operating result improved

    Operating result -355.4k NOK → -108.8k NOK. Calculated

  • ↑

    Net result improved

    Net result -1.91m NOK → -496.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.10m NOK → 9.51m NOK (equity ratio 97.1% → 1524.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 665.0k NOK → 623.5k NOK (-6.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 388.3k NOK → 388 NOK. Reported fact