ADFUNC AS: årsregnskap 2021 vs 2020
Shrank 30% on revenue, weaker earnings
approved 2022-03-16; registry 2022-03-19; journal 2022 154283
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADFUNC AS. Revenue 44.0k NOK → 31.0k NOK (-29.6%). Net result -225.7k NOK → -343.2k NOK. Equity 13.45m NOK → 105.9k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADFUNC AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -253.2k NOK → -20.7k NOK (op. margin -575.0% → -66.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 44.0k NOK to 31.0k NOK (-29.6% YoY). Calculated
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↓
Net result weakened
Net result -225.7k NOK → -343.2k NOK (net margin -512.4% → -1107.0%). Calculated
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↓
Equity eroded
Book equity 13.45m NOK → 105.9k NOK (equity ratio 2366.3% → 47.2%). Calculated
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↓
Cash fell
Bank deposits 153.6k NOK → 134.6k NOK (-12.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 12.7k NOK → 0 NOK (-100.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 72.9k NOK → 47.9k NOK. Reported fact