Org.nr 924 762 888 2020 → 2021 Year-over-year analysis

ADH ELEMENTHUS AS: årsregnskap 2021 vs 2020

Grew 8898300% on revenue

registry 2022-07-04; journal 2022 602389

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADH ELEMENTHUS AS. Revenue 1 NOK → 89.0k NOK (+8898300.0%). Net result -17.5k NOK → -13.7k NOK. Equity 12.5k NOK → -1 232 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for ADH ELEMENTHUS AS.

Scorecard

Revenue
1 NOK 89.0k NOK
+8898300.0%
Operating result
-17.5k NOK -13.7k NOK
+21.7%
Net result
-17.5k NOK -13.7k NOK
+21.7%
Equity
12.5k NOK -1 232 NOK
-109.9%
Cash
12.5k NOK 26.6k NOK
+112.7%
Total assets
12.5k NOK 157.0k NOK
+1157.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 NOK to 89.0k NOK (+8898300.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -17.5k NOK → -13.7k NOK (op. margin -1752000.0% → -15.4%). Calculated

  • ↑

    Net result improved

    Net result -17.5k NOK → -13.7k NOK (net margin -1751400.0% → -15.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.5k NOK → 26.6k NOK (+112.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.5k NOK → -1 232 NOK (equity ratio 100.0% → -0.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6 NOK → 76.7k NOK (600% → 86% of revenue). Calculated