Org.nr 922 255 628 2020 → 2021 Year-over-year analysis

ADELANTE AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-06-30; registry 2022-08-01; journal 2022 834221

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADELANTE AS. Net result -66.2k NOK → -70.5k NOK. Equity -117.4k NOK → -187.9k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADELANTE AS.

Scorecard

Operating result
-1 085 NOK -2 319 NOK
-113.7%
Net result
-66.2k NOK -70.5k NOK
-6.4%
Equity
-117.4k NOK -187.9k NOK
-60.0%
Cash
19.9k NOK 37.8k NOK
+89.9%
Total assets
3.89m NOK 5.91m NOK
+51.9%

What improved

  • ↑

    Cash rose

    Bank deposits 19.9k NOK → 37.8k NOK (+89.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1 085 NOK → -2 319 NOK. Calculated

  • ↓

    Net result weakened

    Net result -66.2k NOK → -70.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -117.4k NOK → -187.9k NOK (equity ratio -3.0% → -3.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3.87m NOK → 5.87m NOK. Reported fact