Org.nr 918 428 852 2020 → 2021 Year-over-year analysis

ADDVANT PARTNER AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

approved 2022-06-30; registry 2022-07-05; journal 2022 620532

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADDVANT PARTNER AS. Net result +901 NOK → -1 116 NOK. Equity -15.7k NOK → -16.9k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Operating result
+901 NOK -1 116 NOK
-223.9%
Net result
+901 NOK -1 116 NOK
-223.9%
Equity
-15.7k NOK -16.9k NOK
-7.1%
Cash
55.2k NOK -61 NOK
-100.1%
Total assets
55.2k NOK 61 NOK
-99.9%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +901 NOK → -1 116 NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 901 NOK profit to a loss of 1 116 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -15.7k NOK → -16.9k NOK (equity ratio -28.5% → -27641.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 55.2k NOK → -61 NOK (-100.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.49× → -0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -27641.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation