ADEO AS: årsregnskap 2021 vs 2020
Shrank 18% on revenue, weaker earnings
approved 2022-04-05; registry 2022-04-09; journal 2022 196294
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADEO AS. Revenue 88.8k NOK → 73.1k NOK (-17.7%). Net result -115.4k NOK → -142.7k NOK. Equity 1.06m NOK → 631.5k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADEO AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 49.6k NOK → 278.2k NOK (+461.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 88.8k NOK to 73.1k NOK (-17.7% YoY). Calculated
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↓
Operating result weakened
Operating result -114.8k NOK → -154.6k NOK (op. margin -129.3% → -211.6%). Calculated
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↓
Net result weakened
Net result -115.4k NOK → -142.7k NOK (net margin -130.0% → -195.4%). Calculated
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↓
Equity eroded
Book equity 1.06m NOK → 631.5k NOK (equity ratio 99.5% → 99.4%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 373.9k NOK → 209.9k NOK. Reported fact