Org.nr 977 270 375 2020 → 2021 Year-over-year analysis

ADFLASH AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-06-13; registry 2022-06-20; journal 2022 473427

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADFLASH AS. Net result +2.52m NOK → +1.78m NOK. Equity 1.78m NOK → 6.20m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADFLASH AS.

Scorecard

Revenue
19.1k NOK n/m
—
Operating result
-327.2k NOK -305.2k NOK
+6.7%
Net result
+2.52m NOK +1.78m NOK
-29.4%
Equity
1.78m NOK 6.20m NOK
+249.3%
Cash
18.9k NOK 19.5k NOK
+2.8%
Total assets
4.29m NOK 5.34m NOK
+24.3%

What improved

  • ↑

    Operating result improved

    Operating result -327.2k NOK → -305.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.78m NOK → 6.20m NOK (equity ratio 41.4% → 116.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +2.52m NOK → +1.78m NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 862.5k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 3.90m NOK. Reported fact