ADIA INVEST AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-05-10; registry 2022-06-16; journal 2022 436064
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADIA INVEST AS. Net result +1.19m NOK → +1.78m NOK. Equity 92.75m NOK → 90.42m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADIA INVEST AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +1.19m NOK → +1.78m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -15.1k NOK → -15.6k NOK. Calculated
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↓
Equity eroded
Book equity 92.75m NOK → 90.42m NOK (equity ratio 98.8% → 100.0%). Calculated
-
↓
Cash fell
Bank deposits 2.34m NOK → 77.1k NOK (-96.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.34m NOK → 77.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation