ADEL HOLDING AS: årsregnskap 2021 vs 2020
Grew 2117% on revenue, stronger earnings
approved 2022-03-22; registry 2022-06-30; journal 2022 561486
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADEL HOLDING AS. Revenue 20.3k NOK → 450.0k NOK (+2116.7%). Net result +4 NOK → +2.94m NOK. Equity 1.34m NOK → 4.98m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.3k NOK to 450.0k NOK (+2116.7% YoY). Calculated
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Net result improved
Net result +4 NOK → +2.94m NOK (net margin 0.0% → 654.0%). Calculated
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↑
Equity strengthened
Book equity 1.34m NOK → 4.98m NOK (equity ratio 99.4% → 463.3%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +712.1k NOK → +401.7k NOK (op. margin 3508.1% → 89.3%). Calculated
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↓
Cash fell
Bank deposits 344.8k NOK → 249.3k NOK (-27.7% YoY). Calculated